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 bags Central-West Orana REZ access rights for three clean energy projects
ACEN bags Central-West Orana REZ access rights for three clean energy projects
The projects include a solar and battery energy storage facility.
ACEN Australia secured $474.68m financing for its renewables portfolio
The transaction was supported by 11 lenders.
ACEN’s net income up 27% in 2024
Thanks to new renewable plants operationalised last year.
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.
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
