ACEN
ACEN, the listed energy platform of the Ayala Group, has over 3,800 MW of attributable capacity in the Philippines, Vietnam, Indonesia, India, and Australia. Its renewable share of capacity is at 87%, among the highest in the region.
See below for the Latest ACEN News, Analysis, Profit Results, Share Price Information, and Commentary.
ACEN raises around $440.2m from 1st peso-dominated preferred shares offer
It can be used to fund the company’s projects and other RE projects in the Philippines.
ACEN raises around $440.2m from 1st peso-dominated preferred shares offer
It can be used to fund the company’s projects and other RE projects in the Philippines.
ACEN gets green light to sell maiden Philippine Peso-dominated preferred shares
The company could raise up to PHP438m from the 25 million preferred shares issuance.
ACEN to build 1st large-scale floating solar in Philippines’ Laguna Lake
The project will augment the Luzon grid by around 1,000 megawatts.
ACEN, Indigenous people to develop 3 GW RE projects in Western Australia
They will jointly develop wind, solar and renewable energy storage projects.
ACEN, AMI Renewables to develop Vietnam’s first grid-connected battery energy storage
The BESS will have a capacity of 7.5MWh.
Philippines’ ACEN net income climbs to US$36m in Q1
This is up by 5 times compared to the previous year.
ACEN signs financing for Monsoon Wind project in Lao PDR
This is the first wind power project in Lao PDR.
ACEN Australia switches on New England Solar project
This is amongst the largest solar projects in Australia.
Philippine-based ACEN enters the US with wind project acquisition
The 8 wind projects make up a total of 136MW.
ACEN to develop over 1.2GW hybrid renewable energy in India
This is in partnership with BrightNight.
ACEN net income reaches US$236m in 2022
This is up from US$94.9m in 2021.
ACEN completes Australia development platform deal
This will in effect transform the UPC\AC Renewables Australia JV to ACEN Australia.
ACEN's successful ETM deal marks a new era for coal divestment
The ETM transaction will enable the early retirement of the South Luzon Thermal Energy Corp. Power Plant.
ACEN to add 300 MW solar capacity in Palauig project
This is in support of the Philippines target to generate 35% of its power from renewable energy.
ACEN’s 12-hour energy storage project gets government backing
The Phoenix Pumped Hydro Project received feasibility funding from New South Wales funding.
ACEN, BIM Group bags US$107m financing for Vietnam wind farm
The financing package was provided by the Asian Development Bank.
All systems go for ACEN Australia’s Stubbo Solar Project
The company has issued a notice to proceed with the project.
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Asian Power Awards 2023 Highlight Video
Witness the unforgettable moments from the Asian Power Awards, Asian Oil & Gas Awards, and Asian Water Awards 2023, held in Kuala Lumpur on 8 November 2023.
Asian Power Awards 2023 Highlight Video
Witness the unforgettable moments from the Asian Power Awards, Asian Oil & Gas Awards, and Asian Water Awards 2023, held in Kuala Lumpur on 8 November 2023.
