The Coal to Clean Credit Initiative (CCCI), a consortium of global experts, receives high-level endorsement from Philippines’ ACEN to begin exploring the world’s first coal-to-clean pilot project in the Philippines, supported by the Monetary Authority of Singapore.
01 December 2023 – The Land Bank of the Philippines (LANDBANK) approved a ₱20-billion loan to ACEN CORPORATION (ACEN)—the listed energy platform of the Ayala Group—in support of the National Government’s thrust to expand the country’s mix of renewable energy. The LANDBANK loan will partially finance ACEN’s general corporate requirements and investments in renewable energy…
November 2023 – ACEN, the publicly listed energy company of the Ayala Group, remains steadfast in its commitment to sustainability, bolstered by more robust environmental and social initiatives that foster shared value with the community alongside its energy transition endeavors. The company has so far invested about P123 million for its host communities in the…
Powered by a pioneering, strategic mindset in corporate management and commitment to excellence in financial leadership, ACEN Chief Finance Officer Cora Dizon has been conferred with the ING-FINEX 2023 CFO of the Year Award. Dizon brought ACEN, the listed energy platform of the Ayala Group, to new heights through strategic finance initiatives since joining the…
15 November 2023 – ACEN’s collaborative Energy Transition Mechanism (ETM) transaction continues to earn international accolades, most recently as the Asia Pacific Emerging Energy Deal of the Year awarded by Proximo, a global publication for project, infrastructure and energy finance, during the 2022 Deal of the Year Awards. The award is given to a market-leading…
MANILA, Philippines — ACEN Corp., the listed energy platform of the Ayala Group, has secured a fresh debt deal with a local bank to beef up its war chest. In a stock exchange filing, ACEN said it secured a P5-billion term loan facility from Metrobank. The company said proceeds would be used for general corporate…
Core operating earnings up 2x in 9M 2023 Consolidated revenues up 13% to ₱28.6 billion Attributable EBITDA up 21% to ₱14.1 billion Attributable renewables output up 27% to 3,174 GWh 9 November 2023 – ACEN (PSE: ACEN), the energy platform of the Ayala group, today reports that consolidated revenues for January to September 2023 increased…
A partnership to lay the groundwork for potential renewable energy ventures on Yindjibarndi land in Western Australia Initial focus to explore possibilities for a solar plant catering to Rio Tinto’s energy needs An ambitious initial goal of 750 MW renewable energy capacity sourced from wind, solar and battery storage is set by the company for…
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