Ayala-led ACEN Corporation and its partner-firms have signed financial agreement with Asian Development Bank (ADB) and other lenders for their 600-megawatt Monsoon wind farm project estimated to cost over $1 billion in Sekong and Attapeu provinces in Laos. According to ACEN, ADB is the lead arranger...
ACEN Corporation, the energy investment arm of the Ayala group, becomes the first energy company in Southeast Asia to have cemented its mid-century "net zero" pathway or the specific timelines to achieve targets for zero gas emissions emanating from its businesses or operations. According to ACEN...
Ayala-led ACEN Corporation has inked a purchase and sale agreement (PSA) with American firm GlidePath for the acquisition of the latter’s eight operating wind projects with aggregate capacity of 136 megawatts in northern Texas. This will be the entry point of ACEN and its partner UPC Power...
Ayala-led ACEN Corporation has partnered with US firm BrightNight for 1,200-megawatt (1.2-gigawatt) renewable energy portfolio buildup that will be installed in the Indian energy market. In a statement to the media Monday, March 13, the Ayala firm indicated that the equity to be injected by the...
Ayala-led ACEN Corporation (ACEN), via its subsidiary AC Renewables International (ACRI), has completed acquisition of the equity previously held by its partner-firm UPC Renewables Asia Pacific Holdings in their Australian development platform for renewable energy (RE) projects. According to the...
Listed firm ACEN Corporation has formally declared the start of construction of its 60-megawatt solar farm development in Pangasinan this year and is targeting to bring this commercially on-line within a span of several months. The greenfield installation will beef up the company’s portfolio that...
Ayala-led ACEN Corporation will be acquiring five percent, equivalent to 500 million shares, in listed firm SP New Energy Corporation (SPNEC), a subsidiary of Leviste-founded Solar Philippines, as prepayment to a loan it extended to the latter for a solar farm development in Central Luzon. In a...
Ayala-led ACEN Corporation reported that its feasibility study on the proposed Phoenix pumped hydro project in Australia has been progressing, raising hopes for eventual commercial development of a large scale hydro facility in that energy market. The Phoenix pumped hydro venture of ACEN Australia...
Ayala’s energy listed firm ACEN Corporation and its Vietnamese firm-partner BIM Group secured $107-million project financing from the Asian Development Bank (ADB) and other lenders for the 88-megawatt Ninh Thuan wind farm venture in South Central Vietnam. This greenfield installation, according...
Ayala firm ACEN Corporation has awarded to Canadian firm PCL Construction the $800 million engineering, procurement and construction (EPC) contract for its 520-megawatt (dc) Stubbo solar farm project in Australia. The project sponsor-firm said “PCL has been engaged to deliver all aspects of the...
ACEN secures AU$277-M loan for Australia projects Ayala-led ACEN Corporation has secured AU$277-million syndicated loan to continuously bankroll its utility-scale renewable energy (RE) projects in the Australian energy market. The syndicated loan has been sourced from the Bank of China in Manila...
Ayala-led ACEN Corporation further boosts its domestic solar capacity portfolio with the new acquisition of a 60-megawatt solar farm project in Pangasinan province. The company said it just signed recently a deal for the sale and purchase of the interests of two shareholders (the Sungrow Power...
