AC Energy and Citicore partnered to boost renewables The solar farm will soon be a critical addition to the grid, offering a new power source to secure the country’s growing energy need especially during these challenging times The new solar farm will generate enough power to supply clean energy annually to approximately 45,000 homes Over…
The 120 MW Gigasol Alaminos in Laguna is AC Energy’s second solar project to start operations this year, a critical support to remediate the ongoing power shortage It is the second largest solar plant in the Philippines, and can generate enough power to supply clean energy to approximately 80,000 homes AC Energy has integrated a…
AC Energy, through its wind farms in Ilocos Norte, North Luzon Renewables and NorthWind, has taken significant strides in boosting its turtle conservation program within its host communities by recently partnering with the Marine Wildlife Watch of the Philippines (MWWP), an organization advocating for the conservation and protection of marine-wildlife and their habitats. Aside from…
31 May 2021 – On the heels of its ten-year anniversary celebration, AC Energy has launched today its brand-new website which spotlights the company’s focus on sustainability and its role in the green-led recovery. In the new website, designed for ease of navigation and organized by focus areas, AC Energy showcases its expanding renewable energy…
AC Energy signed an agreement with Pacific Synergy to power its Laguna plant with 100% renewable energy during peak hours AC Energy’s portfolio of operating wind, solar and geothermal plants will energize the Laguna plant for the next two years, or around 28,913 MWh Pacific Synergy gets to support the growth of renewables sector by…
AC Energy and UPC Renewables begin construction of the 160 MW Balaoi & Caunayan wind farm in Pagudpud, Ilocos Norte The Balaoi & Caunayan wind farm will be the largest in the country, with 32 of the latest wind turbines from leading supplier Siemens Gamesa each capable of producing 5 MW An important milestone for…
14 May 2021 – AC Energy Corporation (PSE: ACEN) has completed its follow-on offering, in a ₱13 billion deal that was warmly received by both Philippine and international investors. ACEN completed the offering of 2,010 million common shares priced at ₱6.50 per share, consisting of 1,580 million shares sold pursuant to the primary offer, 330…
Exactly ten years ago today, we established the AC Energy brand and organization, with the hope of addressing the country’s energy needs and building a new pillar for the Ayala group. We set out what was then a bold vision of establishing an energy platform with 1000MW of capacity in five years, from a standing…
63 MW Palauig solar plant operations begin 72 MW Arayat & Mexico solar plant’s construction is underway Despite the difficult year, AC Energy remained focused on its renewable energy investments creating 3,000 jobs in 2020 28 April 2021 – AC Energy Corporation (PSE:ACEN) announced that its 63 MW GigaSol Palauig solar farm has now commenced…
18 March 2020 – AC Energy Corporation (PSE: ACEN) today announced the completion of the subscription by an affiliate of GIC Private Limited (“GIC”), Arran Investment Pte Ltd, to four billion primary shares of ACEN, via a private placement. The private placement enables ACEN to raise additional capital totaling PHP11.88 billion to fund its various…
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