AC Energy readies funds for solar, wind projects
The Board of Directors of AC Energy Philippines (ACEN) has approved financing for solar and wind power projects worth P10.81 billion.
AC Energy recognized for high compliance
MANILA, Philippines — AC Energy, the power generation arm of Ayala Corp., bagged multiple accolades for exemplary compliance of its renewable energy projects at the recently concluded Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2020.
AC Energy reports higher profits as clean power investments pay off
MANILA, Philippines — AC Energy Corp. reported higher earnings in the first half, thanks to improving power demand and contribution from its newly operational renewable energy projects.
AC Energy says building Philippines’ largest wind farm
MANILA – AC Energy Corporation has started construction of the 160-megawatt Balaoi & Caunayan wind farm, which it said is the biggest wind farm in the Philippines to date. The new P11.4-billion wind farm located in Pagudpud, Ilocos Norte will be the third wind development of AC Energy in the province, along with the NorthWind […]
AC Energy seals purchase of Chevron assets
MANILA, Philippines – AC Energy Holdings Inc. of the Ayala Group and its partners have sealed the purchase and acquisition of Chevron’s geothermal assets and operations in Indonesia. The Indonesian assets and operations include the Darajat and Salak geothermal fields in West Java, with a combined capacity of 637 megawatts of steam and power. These […]
AC Energy sets follow-on offering of up to 2 billion primary shares
MANILA, Philippines — The AC Energy group has acquired a 50 percent stake in a 50-megawatt (MW) solar farm in Pampanga being developed by Citicore Solar Energy Corp. (CSEC)
AC Energy starts operation of 88-MW wind farm in Vietnam
AC Energy Corp. and the BIM Group announced Monday the start of commercial operations of their latest joint venture—the 88-megawatt Ninh Thuan wind farm in Vietnam.
AC Energy supplies RE power to manufacturing firm
Ayala-led AC Energy Corporation will be supplying a renewable energy-generated electricity to consumer-goods firm Pacific Synergy for its manufacturing facility in Laguna.
AC Energy supplying Ayala Land with RE until 2050
As part of their parent conglomerate’s goals of having net zero greenhouse gas emissions, AC Energy (ACEN) has signed a power supply agreement (PSA) with sister firm Ayala Land to provide it with renewable energy (RE) until 2050.
AC Energy takes control of Ilocos wind power plant
AC Energy Philippines Inc. of conglomerate Ayala Corp. is taking majority control of North Luzon Renewables Energy Corp., which owns and operates an 81-megawatt wind farm in Pagudpud, Ilocos Norte.AC Energy, formerly Phinma Energy Corp., said in a disclosure to the Philippine Stock Exchange its executive committee approved the signing of an agreement to buy […]