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.
Barito Wind Energy acquires majority stake in PT UPC Sidrap Bayu Energi
It will hold a 99.99% stake in the company.
ACEN Australia inks PPA with SmartestEnergy for New England Solar
SmartestEnergy will take 25% of the electricity generated from the project’s first stage.
ZEN Energy to offtake 220 MW from ACEN’s New England Solar project
The procured capacity represents 52% of the project’s first stage.
ACEN JV buys 38 MW wind project from EDF Renewables North America
UPC Power Solutions now has over 170 MW operating renewable energy portfolio.
ACEN issues guarantee for subsidiary’s $320m loan
ACEN Cayman has loans from Philippines-based banks.
ACEN, Barito to acquire wind development assets in Indonesia
Barito will hold a 51% stake and ACEN will own a 49% share in the wind assets.
ACEN secures $197.6m sustainability-linked loan facility
It partnered with the Asian Development Bank and the Bank of the Philippine Islands.
ACEN unit inks 1st green term loan facility with MUFG Bank
The $100m loan will support the company’s strategic expansion.
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.
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1. Sembcorp inks 2 long-term PPA with Equinix 2. Philippines expects over 4,000 MW of power projects to begin operations this year 3. Singapore awards PacificLight Power contract for fast start generating units 4. Ørsted launches Asia's largest offshore wind farm in Taiwan 5. JERA launches India subsidiaryAwards
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