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

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We are ACEN

Solar Panel

  • 2021 Highlights

    Net Income
    ₱5.3B
    22%
    Attributable Output
    4,633 GWh
    21%
    Attributable Capacity1
    ~3,800 MW
    operating & under construction
    Renewables Capacity1
    ~3,300 MW
    87% of total capacity

    With an 87% renewables share of capacity, among the highest in the region, we aspire to be the largest listed renewables platform in Southeast Asia, with a goal of reaching 5 GW of renewables capacity by 2025.

    1 Pro Forma as of 09 March 2022 --Includes 137 MW in recently announced transactions with UPC approved by the Board on 18 Oct2021, subject to regulatory approvals and 410MW from the recently announced transaction with Super Energy, subject to conditions precedent.

  • % RE Share Increase

    Renewables Share Increase.png
    1 Pro Forma as of 09 March 2022 --Includes 137 MW in recently announced transactions with UPC approved by the Board on 18 Oct2021, subject to regulatory approvals and 410MW from the recently announced transaction with Super Energy, subject to conditions precedent.

In the News

  • 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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  • Uratex renews power supply deal with ACEN, expands into renewables

    June 12, 2022

    ACEN signed a new agreement with Polyfoam-RGC, makers of Uratex, to power its plants The power supply will include renewable energy sourced from ACEN’s portfolio of operating and upcoming wind, solar and geothermal plants The latest in ACEN’s string of initiatives to support businesses on their path to carbon neutrality June 12, 2022 — ACEN,...

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  • New South Wales supports battery energy storage development of ACEN Australia’s New England Solar Farm

    May 25, 2022

    Battery Energy Storage System (BESS) project will help firm up Australia’s transition to a clean energy future The hybrid solar farm will be one of the country’s largest renewable energy facilities New England Solar Farm will help reduce greenhouse gas emissions by up to 1.5 million metric tons of CO2 per year, and support more...

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  • ACEN partners with the Puri Usaha group to invest in Suryagen, a renewable energy developer in Indonesia

    May 17, 2022

    • New joint venture will develop large scale solar, battery energy storage system and green hydrogen projects in Indonesia • The joint venture entity will develop projects spanning the BBK islands as well as the East Nusa Tenggara province • The partnership is the latest in ACEN’s string of initiatives to expand its renewable energy...

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  • ACEN enters partnership to repower wind farms in the US

    April 26, 2022

    April 26, 2022 – ACEN, the Ayala group’s listed energy platform, announced the board approval on the company’s plans to enter the United States renewable energy market through a newly formed strategic partnership with UPC Solar & Wind Investments LLC (UPC) and Pivot Power Management (PPM) to pursue opportunities to acquire operating wind projects in...

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  • ACEN pioneers energy transition financing to enable more renewables

    April 12, 2022

    ₱13.7B senior secured term loan facility for SLTEC plant The first step towards the company’s 244 MW coal plant’s transition to cleaner technology by 2040 – 15 years earlier than the end of its technical life Key step to accelerating ACEN’s energy transition goal and achievement of net zero greenhouse gas emissions commitment by 2050...

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  • ib vogt and ACEN to set up 1,000 MW asset platform for solar in Asia

    April 4, 2022

    New joint venture will develop large scale solar projects in the Asia Pacific region ACEN expects to invest up to US$ 200 million in equity investment in addition to debt funding 1,000 MW of renewables capacity at the minimum is set to be developed in the coming years, with potential for further expansion April 4,...

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  • ACEN Full-Year 2021 Net Income Rises 22% to ₱5.3 Billion

    March 9, 2022

    Net Income increased 22% to ₱5.3 billion Revenues grew 27% to ₱26.1 billion Attributable output up 21% to 4,633 GWh Capex worth ~₱55 billion expected to boost ACEN’s growth aspirations in 2022 09 March 2022 – ACEN, the listed energy platform of the Ayala Group, disclosed today a 22% increase in its consolidated net income...

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  • ACEN commits to Net Zero greenhouse gas emissions by 2050

    October 25, 2021

    Oct 25, 2021 – Together with the Ayala group, ACEN is committing to achieve net zero greenhouse gas emissions by 2050, as announced by its Chairman Fernando Zobel de Ayala during the group’s Integrated Corporate Governance, Risk Management, and Sustainability Summit held Thursday, Oct 21, 2021. “As Ayala’s concrete contribution to the well-being of future...

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