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.
IBV ACEN Renewables Asia finalising Malaysia solar deals
This will fuel the company’s goal to achieve 1 GW capacity.
ACEN’s energy storage project in NSW commences construction
Civil and base electrical work will begin in the coming months.
ACEN loans $510,200 to wind subsidiary
The short-term loan was executed on 30 January.
ACEN acquires stake in Vietnamese renewables firm for $70.5m
This fuels the footprint of the Ayala-led firm.
ACEN’s net income grows 24% to $138m in 9M 2024
It was driven by newly operational pants.
ACEN and Barito Renewables partner to boost Indonesian wind energy
The partnership will be executed by their subsidiaries.
ACEN bags approval for 1.2-GW Birriwa Solar and Battery project
Electricity generation will start in 2029.
ACEN taps Singaporean firms to advance retirement of coal-fired plant in PH
Transition credits will be used to decommission the Ayala firm’s Batangas coal plant.
ACEN sets eyes on quadrupling renewables for cleaner energy by 2030
It is also seeing growth opportunities in other sectors such as energy storage.
ACEN’s net income jumps 49% to $107.1m in H1 2024
Improved selling in the wholesale electricity market boosted gains.
ACEN acquires 60% stake in 500-MW wind project developer
A $1.25m loan was also executed.
ACEN inks $32.78m loan for clean energy unit’s solar project
The facility is located in Zambales.
ACEN Australia submits scoping report for solar plus battery project in NSW
This will be assessed as a state significant development.
ACEN secures $150m green term loan to boost APAC expansion
This has a five-year term.
ACEN, YEC get environmental approval for 150 MW solar project in Pilbara
It is the first solar project assessed under WA’s Green Energy Approvals Initiative.
ACEN to invest $15b to quadruple capacity by 2030
It aims to expand its capacity to 20GW.
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