As climate change takes center stage as one of the world’s most pressing challenges, and countries race to transition from fossil fuels to clean energy towards the post-COVID world, AC Energy recognized the opportune time to make a difference and lead the renewable energy revolution. The company currently has 2,100 MW of renewables capacity, on…
Source: Philippine Daily Inquirer 10 September 2021 – With a fresh $400 million raised earlier through an Asean green bond issue, AC Energy Corp. (Acen) has already brought its renewable energy kitty to almost $1 billion for 2021 alone. “The success of this fixed-for-life offering highlights the international investor community’s continuing confidence in Acen and…
10 September 2021 – As Ilocos Norte battles an upsurge of COVID-19 cases, AC Energy’s wind farms, NorthWind and North Luzon Renewables (NLR), worked with the Provincial Government of Ilocos Norte (PGIN) to fortify the local healthcare system, donating a combined ₱4 million worth of medical supplies to mitigate the impact of the pandemic to…
Not for public release, publication, or distribution, directly or indirectly, in or into the United States or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Raised US$400.0 million in gross proceeds at 0% With the SRO, FOO, and investment by GIC’s Arran, ACEN has now raised…
Not for publication or distribution, directly or indirectly, in the United States or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Aims to raise US$400.0 million in gross proceeds through senior guaranteed undated, non-callable 3.5-year fixed-for-life green bonds Pricing for the bonds was secured at 0%…
Source: Philippine Daily Inquirer 27 August 2021 – AC Energy is a fast-expanding corporation on a singular mission: to become the largest publicly listed renewables platform, not just in the Philippines but in the whole of Southeast Asia. It may seem a far too lofty goal, but not for the 10-year-old energy arm of the…
AC Energy’s (PSE: ACEN) 18 MW MonteSol solar farm in Bais, Negros Oriental, received a Safety Seal Certification from the Department of Labor and Employment (DOLE) for its compliance with the the minimum standard set by the Inter-Agency Task Force for COVID-19 prevention protocol. It is the first plant in the region under the Utilities…
Joint venture company, UPC-AC Energy Solar, achieves a significant milestone, with 300 MW more of solar assets scheduled for construction Two solar farms in India, the 140MWp (100 MWac) Sitara Solar and 70 MWp (50 MWac) Paryapt Solar, begin operations The start of commercial operations strengthens the company’s position in India’s renewables space AC Energy…
MANILA, Philippines — AC Energy Corp. reported higher earnings in the first half, thanks to improving power demand and contribution from its newly operational renewable energy projects. The listed power unit of the Ayala Group netted P2.7 billion during the January-June period, up 5% year-on-year, according to a disclosure to the stock exchange on Thursday….
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