By Gabrielle See | Eco-Business Verra, the world’s largest carbon credits certifier, has finalised a methodology for generating a novel class of carbon credits from retiring coal plants early and replacing them with renewables, also known as transition credits. The new rules, which had undergone two rounds of public consultation since 2023, quantify the emissions reductions from early…
WASHINGTON May 6, 2025 — Verra has launched a cutting-edge methodology that enables the early retirement of coal-fired power plants and supports their replacement with new renewable energy. This paves the way for the clean generation of high-integrity transition credits, while ensuring that this transition is just, delivering social and economic support to affected workers and…
CEZAR CONSINGACEN CORPORATION | 2025 ANNUAL STOCKHOLDERS’ MEETING April 23, 2025 Dear fellow shareholders, The past year marked another significant step in our journey, as we continued to grow attributable renewable capacity and earnings. Growth momentum remained strong, resulting in the expansion of our operating and under-construction portfolio to 5.8 gigawatts. We have 1.2…
ERIC FRANCIAACEN CORPORATION | 2025 ANNUAL STOCKHOLDERS’ MEETING April 23, 2025 Dear fellow shareholders, ACEN continued its strong growth momentum in 2024. Net income grew 27 percent to ₱9.36 billion, while renewables output increased by 25 percent to 5,596 GWh driven by new operational capacities in the Philippines and Australia. Pagudpud Wind in Ilocos Norte,…
15 April 2025, Sydney, Australia – ACEN Australia has completed the AUD750 million portfolio debt financing of its operating renewables assets and financing for new projects in Australia, cementing the company’s position as a long-term investor in Australia’s clean economy. The transaction supports the financing of ACEN Australia’s near-complete 520 MWdc (400 MWac) Stubbo Solar…
7 April 2025 – The Sleep Specialist Uratex, the Philippines’ leading sleep specialist and foam and mattress manufacturer, has significantly amplified its commitment to sustainability by transitioning four additional facilities to 100% renewable energy through ACEN RES, the retail electricity arm of the Ayala group. This achievement was celebrated with the unveiling of the “Powered…
By Myrna Velasco | Manila Bulletin The energy transition isn’t just about swapping fossil fuels for clean technologies – it’s a power shift redefining who commands influence in boardrooms and policymaking arenas, and women energy leaders are seizing the moment to reshape the future. As Women’s Month comes to a close, let’s spotlight three formidable…
ACEN is proud to have pledged its support for the Department of Environment and Natural Resources (DENR)’s “Forests for Life: 5 Million Trees by 2028” initiative, a shared commitment with the Ayala group to nurture forests and strengthen climate resilience. This national reforestation program aims to plant and grow 5 million trees across key provinces…
• Renewables output increased 25 percent year-on-year• Attributable renewables capacity now at 7.0 GW, with 3.3 GW in operation, and including 1.4 GW of committed projects• Core attributable EBITDA grew 25 percent to ₱19.3 billion 12 March 2025 – ACEN, the renewable energy arm of the Ayala group, reports today that it concluded 2024 with…
27 February 2025 – AEON Center, a prominent corporate building in Filinvest City, Alabang, Muntinlupa City, has officially switched to 100% renewable energy. This achievement comes through a partnership with ACEN RES, the retail electricity unit of the Ayala group, making AEON Center the third building of Innoland Development Corporation in Metro Manila to fully embrace…
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