As the year nears its close, Ayala-led ACEN Corporation anticipates a strong performance in 2024, driven by increased energy capacity and new projects. In a briefing, Eric Francia, ACEN president and chief executive officer expressed optimism for the year's overall performance, citing "more...
Ayala-led ACEN Corporation has set a target of adding 1.2 gigawatts (GW) of operational capacity by 2025. In a briefing on Monday, Dec. 16, Eric Francia, ACEN president and chief executive officer, stated that the company is on track with its pipeline projects, which are set to come online next...
ACEN Renewables International Pte. Ltd. (ACRI) announced that its joint venture company has acquired a substantial stake in a solar project in Bangladesh. In a disclosure to the Philippine Stock Exchange on Thursday, Dec. 12th, the firm said that IBV ACEN Renewables Asia Pte. Ltd. confirmed the...
ACEN Corporation's retail electricity unit has partnered with low-cost carrier Cebu Pacific to integrate renewable energy (RE) into its key facilities. In a disclosure to the Philippine Stock Exchange on Friday, December 6, the firm said that ACEN Renewable Energy Solutions (ACEN RES) has begun 100...
Ayala-led renewable energy platform ACEN Corp. announced it will acquire Vietnamese firm BIM Energy Holdings (BIMEH) to help the neighboring country achieve its renewable energy goal. In a disclosure to the Philippine Stock Exchange on Wednesday, November 27th, ACEN said that its affiliate, ACEN...
Ayala-led renewable energy platform ACEN Corp. reported an increase in net income for the first nine months of 2024, driven by the launch of new power plants. In a disclosure to the Philippine Stock Exchange on Thursday, November 7th, ACEN announced a 24 percent year-over-year increase in...
Solar developers are literally and figuratively hungry – hungry for land and hungry for vault-breaking investment deals. The best part? They do these things with a smirk: hey, “we’re saving the planet!” Perhaps if there’s a conversation among cows and goats which used to be happily...
ACEN Senior Associate for Corporate Communications Nick Villavecer, ACEN SVP and Head of Corporate Communications and Sustainability Irene Maranan, Manila Bulletin Business Development Manager Jordan Tan, and MB Sustainability Forum 2024 Project Lead Philip Cu-Unjieng. ACEN, the listed energy...
AC Health, the Ayala Group’s leader in high-quality healthcare solutions, through the Healthway Medical Network, is transitioning its medical facilities to renewable energy in partnership with ACEN Renewable Energy Solutions (ACEN RES). In a statement disclosed to the Philippine Stock Exchange...
The Board of Investments (BOI) granted ACEN Corp. a green lane certificate of endorsement for its 587-megawatt solar power plant in Zambales. In a statement, BOI said the construction of the San Marcelino solar power plant project will "employ up to 2,000 skilled workers, with Phases 1 and 2 alone...
Ayala-led ACEN Corporation and its offshore partner firm PT Barito Renewables Energy Tbk (Barito Renewables) are poised to accelerate the commercial development of wind farm projects with 320-megawatt aggregate capacity across three project-sites in Indonesia. In a statement to the media, the...
Client-awardees of the Renewable Energy Enabler Awards (REENA) bestowed by ACEN Managing Director and COO for Philippine Operations Miguel de Jesus and Ayala Corporation Chief Sustainability and Risk Officer Jaime Urquijo. A scion of the Zobel-led conglomerate has called on businesses...