Leading the charge in the renewables revolution

Will Mills

ACEN’s ETM,
first in the world

ACEN’s landmark Energy Transition Mechanism, the first ETM deal in the world, allows the company to move closer toward its commitment to 100% renewables generation by 2025, with a goal of reaching 20 GW of renewables capacity by 2030. "ACEN continues to blaze the trail for energy transition in the Asia Pacific. As the company has successfully divested its coal asset, ACEN commits to a just energy transition. We have established mechanisms to ensure that stakeholder interests, especially those of the people and communities of SLTEC, are effectively addressed." - Eric Francia,
President and CEO
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Geographic Footprint

ACEN continues to expand its portfolio within its key markets, fortifying its presence with the full acquisition of the Australia platform and new solar and wind farms under construction in the Philippines, Australia,Indonesia, and India.

Total attributable capacity
of owned assets 1,2

~4,800 MW

Renewable capacity

~4,700 MW

Share of renewables to
total capacity

~99%

ACEN Geographic Footprint
1 As of January 2024. Refers to gross capacity of owned assets, multiplied by ACEN’s effective economic ownership.
Does not include leased units.
2 Includes rooftop solar; NEFIN capacity as of 31 December 2023
In the News

In the News

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  • UPC Power Solutions completes purchase of 38 MW wind project from EDF Renewables North America

    24 January 2024

    CHICAGO, Jan. 23, 2024 – UPC Power Solutions, a joint venture between ACEN, PivotGen and UPC Solar & Wind Investments, announced today the completion of its purchase agreement with EDF Renewables North America. The closing of this agreement involves the purchase of the lessee interests in the 38 MW Chestnut Flats operating wind project located...

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  • ACEN partners with ADB and BPI to raise PhP11 billion sustainability-linked term loan

    20 December 2023

    13 December 2023 – ACEN, the Ayala group’s listed energy platform, announced today that it has signed an PhP11 billion sustainability-linked loan facility with the Asian Development Bank (ADB) and the Bank of the Philippine Islands (BPI). The loan, which includes a partial credit guarantee by ADB, underscores ACEN’s integrated sustainability approach and commitment to...

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  • COP28: ACEN launches its Just Energy Transition Roadmap in partnership with global coal-to-clean accelerator

    17 December 2023

    Dubai, December 5, 2023 – ACEN announced the launch of its Just Energy Transition (JET) Roadmap for the 246 MW South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant at the 2023 United Nations Climate Change Conference in Dubai, UAE. The initiative builds on the momentum generated by ACEN’s Energy Transition Mechanism (ETM), the world’s...

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  • ACEN inducted as member of global group Powering Past Coal Alliance (PPCA) at COP28

    16 December 2023

    Fresh from a successful run at COP28, ACEN bolsters its commitment to renewable energy by joining the prestigious PPCA The induction underscores the transformative power of coal to renewable energy transition for a sustainable and inclusive economic and societal landscape ACEN’s pioneering Energy Transition Mechanism, the world’s first market-based model, lauded as a benchmark in...

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  • COP28: ACEN, The Rockefeller Foundation and Monetary Authority of Singapore partner to pilot the use of Transition Credits for the early retirement of coal plants

    14 December 2023

    ACEN, the listed energy platform of the Ayala group, announced its partnership with The Rockefeller Foundation’s Coal to Clean Credit Initiative (CCCI) and the Monetary Authority of Singapore (MAS) to explore a major step towards accelerating the phase-out of coal plants in line with the Paris Agreement.

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  • ACEN announces roadmap to reach Net Zero emissions by 2050

    3 April 2023

    ACEN is the first energy company in Southeast Asia to announce its Net Zero roadmap that includes near-term scope 1, 2 and 3 greenhouse gas (GHG) emissions reduction targets, aligned with a 1.5°C pathway for the power sector.

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  • ACEN completes the world’s first ETM transaction for the 246 MW SLTEC coal plant

    8 November 2022

    Full completion of the world’s first market-based Energy Transition Mechanism (ETM) transaction, which will enable the early retirement of the 246 MW SLTEC coal plant and its transition to cleaner technology

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  • Council for Inclusive Capitalism Releases Framework to Guide Companies in Delivering a Just Energy Transition

    15 November 2021

    Businesses, investors, academics, civil, and social representatives collaborate to develop resources to advance social equity while meeting environmental goals.

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