Ayala-led ACEN Corporation has finalized a ₱875-million subscription deal with its subsidiary, Buendia Christiana Holdings Corp. (BCHC), to finance land acquisitions for the group’s upcoming energy projects. In a disclosure to the Philippine Stock Exchange on Thursday, June 26, ACEN said the...
Ayala-led ACEN Corporation and renewable energy (RE) developer UPC Renewables have begun constructing two clean power projects in India, slated for completion by early 2027. In a disclosure to the Philippine Stock Exchange on Wednesday, June 25, ACEN and UPC announced they broke ground on a...
Ayala-led ACEN Corporation has secured a loan agreement with a Danish firm to develop the Philippines ' first large-scale offshore wind project. In a disclosure to the Philippine Stock Exchange on Tuesday, June 24, ACEN said the company executed a share purchase and loan agreement with CI NMF...
Ayala-led ACEN Corp. is offloading its diesel plants to fully embrace renewable energy (RE) into the company. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, June 17, ACEN said it has sold its ownership of three diesel plants, located in the northern parts of Luzon, to AC Energy...
Ayala-led ACEN Corporation is expanding the country’s renewable energy (RE) shift with its 133-megawatt (MW) solar plant in Cagayan. In a disclosure to the Philippine Stock Exchange on Wednesday, June 4, the company announced that this plant is the first in Cagayan to contribute to Luzon’s...
Ayala-led ACEN Corp. has teamed up with Copenhagen Infrastructure Partners (CIP) for a proposed offshore wind (OSW) project off the coast of Camarines Sur that aims to deliver up to one gigawatt (GW) of capacity. In a disclosure to the Philippine Stock Exchange this Thursday, May 29, ACEN said it...
In an effort to expand renewable energy (RE) integration, Ayala-led ACEN Renewable Energy Solutions (ACEN RES) is transitioning one of the Shangri-La properties in the country to full clean energy. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, May 19, the company said The St....
SINGAPORE—The Spain-Portugal blackouts, which had been partly blamed on overreliance on solar without enough capacity backup, signal a warranted acceleration of energy storage investments for markets like the Philippines that have been betting on massive-scale renewables. In an exclusive...
While other Filipino companies are still starry-eyed doodling project ideas or slow to take off from drawing boards, ACEN Corp is already way ahead, turning blueprints into concrete, thriving green gigawatts – and it’s not just within its shores; it’s taking the frontlines on the global stage...
Ayala-led ACEN Corporation, through its wholly-owned subsidiary ACEN Australia, has secured access to the Central West-Orana Renewable Energy Zone (CWO REZ) for its wind, solar, and battery storage projects in New South Wales, which will connect to a transmission infrastructure. In a disclosure...
SINGAPORE —Energy transition trailblazer ACEN Corporation of the Ayala group will schedule a study to dissect and assess options for the ‘asset repurposing’ of its 246-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal plant. The plant will be retired by 2030, way ahead of its...
Growth may be easing this year for ACEN Corp., but the Ayala-led renewable energy (RE) firm expects to be propelled into acceleration by 2026, as several of its projects begin contributing. In a briefing with reporters, Jonathan Back, chief finance officer and chief strategy officer of ACEN,...
