AC Energy accelerates renewable energy expansion in the Philippines with two new solar plants

18 August 2020 – AC Energy Philippines (PSE: ACEN) is set to develop two new solar plants in Central Luzon with an aggregate capacity of up to 150 MW. This will bring ACEN’s total Philippine projects under construction to 480 MW, which includes 330 MW of solar and 150 MW of peaking diesel plants. The…

ACEPH 2020 1H earnings

AC Energy Philippines completes onshore restructuring; registers Php 1.96B first half net income

AC Energy Philippines (ACEPH) registered a Php 1.96 billion net income in the first half of the 2020, a significant turnaround from a Php 552 million loss in the same period the prior year. The strong performance was mainly driven by the successful infusion of AC Energy, Inc.’s on-shore assets and recent acquisitions. Last June…

AC Energy Green Project of the Year
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AC Energy clinches Green Project of the Year Award

Ayala Corporation’s power generation arm, AC Energy, continues to reap global recognition as it bags the coveted “Green Project of the Year” award for its US$410 million maiden Green Bonds at the recently concluded The Asset Triple A Infrastructure Awards 2020 (ASEAN), which honors key institutions that have contributed to region’s economic growth and development….

hawksbill turtle ac energy

Into the sea: Endangered Hawksbill pawikan freed in Pagudpud

A Hawksbill sea turtle classified as endangered was released in Ayoyo Cove in Pagudpud after being accidentally caught in the net of local fishermen on Tuesday night. Lead fisherman Jimmy Villa, Sr. reported their unintended catch to North Luzon Renewables and to the barangay officials of Caparispisan. Proper documentation, tagging, and the subsequent release of…

COVID Response

AC Energy raises P64M for COVID-19 aid response

The COVID-19 pandemic continues to create a public health and economic crisis of unprecedented scale globally, and AC Energy, together with the Ayala Group, has launched a series of social investment and support initiatives to mitigate the impact of the community quarantine, especially for the daily wage earners and the no-work-no-pay workforce or those who…

fza web

2020 AC Energy Philippines Annual Stockholders’ Meeting Message from the Chairman

 AC ENERGY ASM SPEECH2020 ANNUAL STOCKHOLDERS’ MEETINGMESSAGE FROM THE CHAIRMAN FERNANDO ZOBEL DE AYALA20 APRIL  2020 Fellow shareholders, colleagues in the Board and management, ladies and gentlemen, good morning to all of you. As many of you know, our independent director Mr. Jesus “Chito” Francisco recently passed away. It is important that we honor his…

aceph jetf

2020 AC Energy Philippines Annual Stockholders’ Meeting Message from the President & CEO

AC ENERGY ASM SPEECH 2020 ANNUAL STOCKHOLDERS’ MEETING MESSAGE FROM THE PRESIDENT JOHN ERIC T. FRANCIA 20 APRIL 2020   Fellow shareholders, colleagues from board and management, ladies and gentlemen. Good morning. It has just been under a year since your new board and management assumed leadership roles in your Company, though we spared no time to…

mui ne dai phong

Largest Wind Turbines in Asia to power Vietnam

The Blue Circle and AC Energy have ordered the first GE 5MW-158 from General Electric (GE) for the second phase of the Mui Ne project in South Vietnam Singapore The Blue Circle and its partner AC Energy, the power generation arm of Philippine conglomerate Ayala Corporation, have signed Asia’s first Notice to Proceed with General…

Groufie

650-Strong: AC Energy Launches AC Energy Philippines

AC Energy recently celebrated the integration of PHINMA Energy, now AC Energy Philippines, with a brand launch and welcome party held last September 24. The annex office at the 22nd floor was also officially opened with a blessing on the same day. Excited employees garbed in “AC Energy-blue” colors gathered around the “Melting Pot” to…

meralco

AC Energy Philippines Awarded Two Meralco Contracts

AC Energy Philippines won best bids at Meralco’s Competitive Selection Process (CSP) held September 9 and 11. The company was awarded supply agreements for 200 MW baseload and 110 MW mid-merit of Meralco’s supply demand for 10 and 5 years respectively. “We now have 310 MW of contracted capacity at a solid price — a…

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