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.
Series of acquisitions to increase ACEN’s renewables attributable capacity by ~50 MW, and add ~1,300 MW of renewables pipeline in the Philippines ACEN to increase ownership in three wind farms: – 81 MW North Luzon Renewables, Ilocos Norte from 67% to 78% – 160 MW Pagudpud Wind, Ilocos Norte from 85% to 100% – 52…
The acquisition transforms the UPC\AC Renewables Australia joint venture into ACEN’s first wholly owned development and operating platform outside of the Philippines. The transaction includes the 520 MWp New England Solar Farm, currently under construction. The platform has over 8,000 MW of renewables pipeline across solar, wind, pump hydro, and energy storage technologies in Australia….
The ACEN and AMI joint venture has been awarded a US$2,962,000 grant by the U.S. Consulate General, Ho Chi Minh City The 15 MWh/7.5 MW Khanh Hoa Energy Storage project will be integrated into the JV’s operating 50 MW solar farm Aims to maximize the efficiency and reliability of renewable energy towards helping Vietnam achieve…
• 150 MW Ingrid Power Plant in Rizal will provide a much-needed boost in energy capacity and ancillary service to help the Luzon grid amidst the Malampaya shutdown • The ₱1.9 billion quick response power plant is the third project in the country to be switched on by ACEN for the year • Thermal firming…
Joint venture achieves a significant milestone with the 88 MW Ninh Thuan wind farm Second partnership between ACEN and the BIM Group after the 405 MW Ninh Thuan solar farm, one of the largest in Southeast Asia ACEN now has ~1,000 MW of renewables capacity in Vietnam in operation and under construction The wind farm…
10 September 2021 – As Ilocos Norte battles an upsurge of COVID-19 cases, AC Energy’s wind farms, NorthWind and North Luzon Renewables (NLR), worked with the Provincial Government of Ilocos Norte (PGIN) to fortify the local healthcare system, donating a combined ₱4 million worth of medical supplies to mitigate the impact of the pandemic to…
Not for public release, publication, or distribution, directly or indirectly, in or into the United States or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Raised US$400.0 million in gross proceeds at 0% With the SRO, FOO, and investment by GIC’s Arran, ACEN has now raised…
Not for publication or distribution, directly or indirectly, in the United States or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Aims to raise US$400.0 million in gross proceeds through senior guaranteed undated, non-callable 3.5-year fixed-for-life green bonds Pricing for the bonds was secured at 0%…
AC Energy’s (PSE: ACEN) 18 MW MonteSol solar farm in Bais, Negros Oriental, received a Safety Seal Certification from the Department of Labor and Employment (DOLE) for its compliance with the the minimum standard set by the Inter-Agency Task Force for COVID-19 prevention protocol. It is the first plant in the region under the Utilities…
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