We continued to execute our renewables expansion across our key markets, growing our renewables capacity to ~4,430 MW, which comprises 98% of total capacity, among the highest in the region.
|1||Includes projects that are operating and under construction|
|2||Includes 48 MW from ACEN's investments in NEFIN rooftop solar projects, across Mainland China, Taiwan, Hong Kong, Singapore, Thailand, and Malaysia.|
The strong support of Philippine institutional and retail investors for our maiden peso green bond issuance will help us realize our vision 20 GW renewables by 2030.
We showed strong growth through our attributable renewables output, which grew 27% year-on-year.
100% owned by ACEN
ACEN is the largest issuer of green bonds in the Philippines with over $1B green bonds raised.
ACEN is the first energy company in Southeast Asia to take this critical step towards achieving Net Zero.
ACEN reports that its consolidated net income for the third quarter of 2022 rose 23% YoY to PhP1.9 billion.
Renewables developer ACEN and the CEFC have joined forces to develop large-scale clean energy assets across Australia, powered by a $75 million CEFC investment that will accelerate an 8 GW clean energy portfolio that includes solar, wind, battery and pumped hydro.
ACEN today disclosed that it has successfully issued and listed its maiden peso-denominated ASEAN Green Bonds at an aggregate principal amount of ₱10.0 billion, with a fixed interest rate of 6.0526% per annum for a five-year tenor, under its ₱30.0 billion Debt Securities Program registered with the SEC.
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