PSE: ACEN
4.350 PHP
+0.08 PHP +1.90%
February 21, 2024 3:00 pm
Open
4.31
%Change +1.90%
Close
4.350
52-Week High 8.40
Change
+0.08
52-Week Low 3.46

Key Messages from the 2023 Annual Stockholders' Meeting

Delfin Lazaro
Chairman

Message of the Chairman

Read more

Eric Francia
President and CEO

Message of the President and CEO

Read more

Business
highlights

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.

Renewable Energy Capacity

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.

Total attributable renewables capacity

~4,700 MW1,2

Renewable energy share

99%

New renewables projects in 2022

~ 1,300 MW

New renewables projects in 2022
Geographic footprint
Geographic footprint Chart

Total assets

232.8 B3

Market capitalization

~ ₱300 B3

Total shareholders’ equity

149.6 B3

Investments in renewables (Capex)

50.6 B

Target attributable renewables
capacity by 2030

20 GW

Sustainable financing

Maiden peso green bond

10 B

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.

Sustainable financing

Green loans raised for Australia expansion

~AU$600 M (~₱ 22 B)

Energy transition

Greenhouse gas emissions target

Net Zero by 2050

Raised from ETM transaction

7.2 B

Output from renewable sources

~3,400 GWh3

We showed strong growth through our attributable renewables output, which grew 27% year-on-year.

Net Income

13.1 B3

Consolidated revenues

35.2 B3

Attributable EBITDA

14.3 B3

Completion of acquisition

Australia platform

100% owned by ACEN

Australia platform

New strategic partnerships

ib vogt PivotGen & UPC Solar & Wind Puri Usaha Group CleanTech Global Renewables

In focus

Energy Transition Mechanism

Energy Transition Mechanism

ACEN completes the world’s first market-based ETM transaction

Read more

Annual Stockholders' Meeting

Annual Stockholders' Meeting

[WATCH] ACEN's stockholders' meeting held last April 24, 2023

Read more

ACEN: Green Finance Leadership

ACEN: Green Finance Leadership

ACEN is the largest issuer of green bonds in the Philippines with over $1B green bonds raised.

Read more

Maiden Peso Green Bond

Maiden Peso Green Bond

In September 2022, ACEN successfully issued and listed its maiden peso-denominated ASEAN Green Bonds

Read more

Investor news

ACEN announces roadmap to reach Net Zero emissions by 2050

ACEN announces roadmap to reach Net Zero emissions by 2050

ACEN is the first energy company in Southeast Asia to take this critical step towards achieving Net Zero.

Read more

ACEN books P4.1 billion in net income for the first nine months of 2022

ACEN books P4.1 billion in net income for the first nine months of 2022

ACEN reports that its consolidated net income for the third quarter of 2022 rose 23% YoY to PhP1.9 billion.

Read more

CEFC backs clean energy developer ACEN to develop 8 GW renewables portfolio

CEFC backs clean energy developer ACEN to develop 8 GW renewables portfolio

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.

Read more

ACEN Successfully Issues ₱10 Billion in Green Bonds, 8.6 Times Oversubscribed

ACEN Successfully Issues ₱10 Billion in Green Bonds, 8.6 Times Oversubscribed

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.

Read more

contact