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 Read more

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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, and India.

1 Refers to gross capacity of owned assets, multiplied by ACEN’s effective economic ownership. Does not include leased units. As of 31 March 2023
2 Includes 48 MW from ACEN’s investment in NEFIN rooftop solar projects, across Mainland China, Taiwan, Hong Kong, Singapore, Thailand, and Malaysia

In the News

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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[1] 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. ACEN’s long-term targets support the company’s net zero ambition and are consistent with the target emissions intensity...

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  • New England Solar, one of Australia’s largest solar projects, officially opened

    20 March 2023

    Stage 1 of ACEN Australia’s New England Solar project was officially opened today by the Hon. Chris Bowen MP, Federal Minister for Climate Change It is one of Australia’s largest solar projects to be participating in the National Electricity Market, with Stage 1 requiring the installation of close to a million solar panels ACEN Australia...

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  • ACEN acquires portfolio of eight operating wind projects in Texas, USA

    16 March 2023

    Joint venture company acquiring a total of 136 MW of wind assets from US-based GlidePath Power Solutions LLC Strong growth US platform leveraging the combined expertise of ACEN and its partners: Pivot Power Management and UPC Solar & Wind Investments Will generate approximately 360 GWh of wind energy per year, enough to power around 24,000 households and...

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  • ACEN partners with BrightNight to develop over 1.2 GW hybrid renewable energy portfolio in India

    13 March 2023

    ACEN and BrightNight will develop, construct, and operate large-scale hybrid wind-solar and round-the-clock renewable power projects in India The partnership aims to deploy US$ 250 million equity plus related performance guarantees BrightNight brings its advanced India portfolio, experienced local team, and differentiated capabilities to develop and optimize large-scale, multi-technology hybrid renewable power plants The partnership...

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

    23 September 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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