Other businesses
Photo: 40 MWh Alaminos Energy Storage in the Philippines
NEFIN
NEFIN is a premium green independent power producer (IPP) offering bespoke carbon neutral technologies & financing solutions in Asia Pacific.
NEFIN, funded by ACEN, has collectively installed over 3,400MW of utility-scale, commercial and industrial renewable energy systems.
With its regional and multidisciplinary team, NEFIN offers comprehensive assessments and a full-suite of services to evaluate the ESG impact and commercial viability of projects through innovative approaches to technology under its unified energy management platform.
Ancillary services
ACEN operates thermal peaking plants to complement its renewable projects and ensure power reliability. These plants help balance the fluctuating power requirements by operating during periods of high level demand for electricity and thereby reducing stress on the grid.
ACEN’s operating peaking plants- which include its Luzon thermals and Ingrid Power Pililla – have existing Ancillary Service Procurement Agreements (ASPA) with the National Grid Corporation of the Philippines, enabling each plant to provide reserve power to the Grid.
