Will Mills

Net Zero Future

In October 2021, ACEN committed to reach net zero greenhouse gas emissions by 2050 or earlier. “Being at the forefront of the energy transition goes hand in hand with our commitment to Net Zero. We will work closely with the Ayala group and continue to collaborate with our stakeholders as we carry out this important journey” - Eric Francia, President and CEO Read the press release

Solar Panel
  • Renewable Energy Capacity

    **Others include Geothermal, Battery Storage and Rooftop Solar
  • Renewable Energy Mix

    Renewables Share Increase.png Renewables Share Increase.png
    **Others include Geothermal, Battery Storage and Rooftop Solar

In the News

  • ACEN books P4.1 billion in net income for the first nine months of 2022

    November 9, 2022

    8 November 2022 – ACEN, the listed energy platform of the Ayala group, today reports that its consolidated net income for the third quarter of 2022 rose 23% YoY to PhP1.9 billion. This brings net income booked from January to September to PhP4.1 billion, down just 4% from the same period last year, as strong...

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

    November 8, 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 Entails full divestment of ACEN’s equity stake in SLTEC, bringing the company closer to its commitment of 100% renewables generation by 2025 ₱7.2 billion of...

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  • ACEN Australia presses GO on Stubbo Solar Project

    November 10, 2022

    Renewables developer ACEN Australia has executed key contracts and announced that a final investment decision on the 400 MW (520 MWdc) Stubbo Solar project has been made, allowing the project to fully proceed. This follows on from the signing of the connection agreement with Lumea and execution of a PV module supply contract this week,...

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  • CEFC backs clean energy developer ACEN to develop 8 GW renewables portfolio

    October 28, 2022

    28 October 2022 – Renewables developer ACEN and the CEFC have joined forces to develop large-scale clean energy assets across Australia, powered by a $75 million CEFC investment that will accelerate an 8 GW clean energy portfolio that includes solar, wind, battery and pumped hydro. The CEFC finance is part of an ACEN Australia debt...

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  • Ayala’s energy group recognized for RCOA reportorial compliance

    September 28, 2022

    The distinction spans twelve of ACEN’s power plants in the Philippines Highlights compliance by ACEN’s Retail Electricity Supply group of applicable DOE regulations on the RCOA program In leading the energy transition, ACEN commits to efficient and transparent energy market service while ensuring reliable and sustainable power supply 28 September 2022 – In a recent...

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  • ACEN named Philippines’ most outstanding energy company by Asiamoney

    September 22, 2022

    21 September 2022 – ACEN, the listed energy platform of the Ayala Group, was recognized as the Most Outstanding Company in the Philippines in the energy sector of the recently concluded Asiamoney 2022 Asia’s Outstanding Companies Poll. This is the second consecutive year that ACEN received the accolade. The poll acknowledges publicly listed companies in the...

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  • ACEN Successfully Issues ₱10 Billion in Green Bonds, 8.6 Times Oversubscribed

    September 23, 2022

    ACEN has issued its maiden peso ASEAN Fixed-Rate Green Bonds, now listed on the PDEx  The ₱10.0-billion ASEAN Green Bond due 2027 has a fixed interest rate of 6.0526% per annum for a five-year tenor  The Green Bonds were 8.6 times oversubscribed, reflecting strong participation from leading institutional investors  Sustainalytics provided a second-party opinion; PhilRatings...

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  • ACEN – MUFG green term loan agreement

    September 19, 2022

    19 September 2022 – ACEN Australia and MUFG, Sydney Branch executed a Facility Agreement and an Accession Letter (to include MUFG as a Lender under the Common Provisions Agreement) for an up to AUD 140 million green long-term loan facility. As part of ACEN’s strategic aspiration to grow its renewables capacity to 20 GW by...

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  • ACEN-DBS Green Long-Term Revolver

    August 18, 2022

    18 August 2022 – ACEN announced today that it and its subsidiary, ACEN Australia, and DBS Bank Australia, executed a Common Provisions Agreement and a Facility Agreement for a AUD 100 million green long-term revolving loan facility. The loan will provide capital financing for ACEN’s eligible green assets in Australia as part of its strategic...

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  • ACEN power plants awarded IMS certification

    June 30, 2022

    • Landmark accolade spans nine projects in the Philippines, with three more in the pipeline • The certification covers ACEN’s systems on Quality Management, Environmental Management and Occupational Safety and Health • In committing to sustainability, ACEN commits to efficient and responsible plant operations with the least possible environmental impact 30 June 2022 – ACEN’s...

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