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 to develop over 1.2GW hybrid renewable energy in India
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.
ACEN secures AU$277m funding for Australia platform
This forms part of the largest syndicated green term loan facility the company bagged.
ACEN net income climbs by 23% in Q3
Its net income stood at P1.9b.
ACEN divests 246MW Philippine coal plant
This is the first-ever transaction completed through the Energy Transition Mechanism.
ACEN Australia greenlights Stubbo Solar Project
The 400MW project will produce enough clean energy to power 185,000 households.
ACEN Australia bags $75m funding for 8GW renewable energy projects
This CEFC investment will accelerate the development of ACEN’s renewables portfolio.
ACEN issues P10b green bonds
The maiden peso-dominated green bonds were 8.6 times oversubscribed.
ACEN unit secures A$140m green long-term facility
This will be used to finance its green assets in Australia.
Philippines’ ACEN to offer P10b green bonds
This will fund three major solar farms with a combined capacity of about 460MW.
New 72MW solar farm in the Philippines starts operation
The project was developed by ACEN and Citicore.
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