Completion of entry into the Australian market with partner UPC Renewables, An important milestone in delivery of 5GW of renewables capacity by 2025, aiming to be the largest listed renewables platform in Southeast Asia Reached financial close for the first 400MW out of 720MW Solar and 400MWhr Battery combined. A major contribution to AC Energy’s…
5 January 2021 – On 30 December 2020, AC Energy Philippines (PSE: ACEN) and its parent company, AC Energy and Infrastructure Corporation (“AC Energy”; formerly, AC Energy, Inc.), signed an Investment Agreement with Arran Investment Pte Ltd, an affiliate of GIC Private Limited (“GIC”), for GIC’s acquisition of an effective 17.5% ownership stake in ACEN…
The idyllic island province of Guimaras may be known for a great many things – rich marine resources, mangrove forests, long stretches of white sand beaches and island coves, and the sweetest mangoes. As home to AC Energy’s 54 MW Guimaras Wind Farm located in the town of San Lorenzo, the company has drawn the…
AC Energy registered solid earnings notwithstanding the pandemic with a net income of ₱5.6 billion for the first nine months of 2020, providing a boost to Ayala’s portfolio. The company’s equity earnings more than doubled due to additional operating capacity in Vietnam, higher profits from commercial operations, and improved thermal availability, including pre-operating revenues…
19 October 2020 – Fresh off the back of its maiden investment in India last July 2020, Ayala Corporation’s energy arm, AC Energy, continues to expand its renewables business in the country with the development of the 70 MWp (50 MWac) Paryapt Solar through UPC-AC Energy Solar, the company’s joint venture with UPC Solar Asia…
The enterprise arm of Globe Telecom forged a partnership with South Luzon Thermal Energy Corporation (SLTEC) to enhance the latter’s data collection, analytics, and power plant production through the Internet of Things (IoT) enabled by Globe Direct Internet. “Introducing IoT to our operations was a big step towards changing the way we interact with and…
In its latest string of initiatives to mitigate the impact of Covid-19, AC Energy is extending aid to communities in Iloilo and Guimaras, providing critical relief for strained healthcare systems, educational support for the communities, and environmental rehabilitation. As the pandemic continues to create a public health and economic crisis of unprecedented scale globally, AC…
A major milestone for the Australian energy sector has been achieved today with the appointment of a lead EPC contractor for the commencement of the first stage of the 720MW (AC) New England Solar Farm and battery project. The New England Solar Farm is being developed by leading renewable energy developer UPC\AC Renewables Australia across…
AC Energy, Ayala Corporation’s power generation arm, and partner AMI Renewables, recently held a groundbreaking ceremony to celebrate the start of construction of the landmark 210 MW wind facility in Quang Binh, a province in Vietnam with a huge potential in renewable energy. The wind farm is expected to be fully operational by the third…
Ayala Corporation’s power arm, AC Energy, has started to integrate a circular approach in its renewable energy developments to help reduce the environmental impact in its construction sites and its host communities. In Zambales and Laguna, AC Energy is constructing two solar power plants, the 120 MW Alaminos and 60 MW Palauig plants, with the installation of…
End of content
End of content
35F Ayala Triangle Gardens Tower 2
Paseo de Roxas cor. Makati Avenue
Makati 1226 Philippines
Tel: +(632) 7-730-6300
© Copyright 2024 ACEN. All Rights Reserved | Privacy Policy
contact
To report any illegal act, wrongdoing, malpractice, risk
to the corporation, or any violation of company policy.
whistleblower@acenrenewables.com
*All reports shall be treated in confidence and the identity of the whistleblower will be protected. The whistleblower shall be protected from all forms of retaliation.