10 September 2024 – A.T. Yuchengco Centre (ATYC), a prominent 34-storey PEZA-accredited office tower in the heart of Bonifacio Global City, announced its significant shift towards environmental sustainability by transitioning to 100% renewable energy supply through a retail electricity supply agreement with the Ayala group’s ACEN Renewable Energy Solutions (ACEN RES). Under the agreement, ACEN…
By Eric Francia, ACEN president and CEO With a global climate crisis increasingly threatening human security, we must accelerate the shift towards clean energy technologies and phase out of the use of coal in electricity generation, second only to oil in the global energy mix. Yet continued high use of the fossil fuel jeopardizes global…
Jakarta, Indonesia, 22 August 2024 – ACEN, the listed energy platform of the Ayala group, and PT Barito Renewables Energy Tbk (“Barito Renewables”) are proud to announce a transformative partnership designed to accelerate the development of wind renewable energy projects across Indonesia. This exclusive collaboration, effective immediately, brings together two industry leaders, united in their vision to drive…
21 August 2024 – In a world where sustainability is becoming increasingly pivotal to business success, ACEN RES, the retail electricity supply unit of ACEN, offers a convergence of renewable energy and mobility to help drive businesses’ sustainability targets. In a recent conference aptly dubbed “Resurgence”, ACEN RES gathered over 350 business leaders and decision-makers…
Manila, the Philippines, 16 August 2024 – ACEN, GenZero and Keppel Ltd. (Keppel) have signed a Memorandum of Understanding (MOU) to jointly explore the origination and utilisation of Transition Credits (TCs) to accelerate the retirement of the South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant (CFPP) in Batangas, the Philippines, and replace it with…
Year-on-year growth supported by operationalization of solar and wind farms across ACEN’s markets, tempered slightly by seasonal resource declines Renewables output grew 42 percent to 2,908 GWh Core attributable EBITDA increased 27 percent to ₱10.1 billion Attributable renewables capacity at ~4,800 MW, 69 percent of which is already fully or partially operational 8 August 2024…
6 August 2024 – The iconic RCBC Plaza in Makati sets a new standard for sustainable office buildings in the country by transitioning to 100% renewable energy through a partnership with ACEN Renewable Energy Solutions (ACEN RES), the retail electricity unit of the Ayala group. This move marks a significant leap forward for RCBC Plaza,…
4 July 2024 – ACEN, through its subsidiary ACEN Renewables International Pte. Ltd., has secured a five-year syndicated green term loan and revolving credit facility amounting to US$150 million. A consortium of leading international financial institutions well-received the transaction, which further solidified the market’s trust and confidence in ACEN’s robust renewable energy pipeline across the region. CTBC Bank…
1 July 2024 – The Asian Development Bank (ADB) has signed a landmark agreement with the Ayala group’s ACEN Renewable Energy Solutions (ACEN RES) to power its headquarters in Mandaluyong with 100% renewable energy. Under the agreement, ACEN RES will power ADB’s facilities with renewable energy from ACEN’s portfolio of renewable energy sources such as…
Collaboration to provide training and support to local farmers, enhancing the market value of their produce Partnership to optimize responsible land use by growing suitable crops within ACEN’s renewable energy projects in the Philippines Launch of the Agro-Circularity in Renewable Energy (ACRE) program to advance ACEN’s agro-circular economy efforts within host farming communities 21 June…
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