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…
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…
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…
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….
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…
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…
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…
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