Ayala-led AC Energy Corporation (ACEN) is eyeing to fetch $400 million in gross proceeds from its issuance of senior guaranteed undated green bonds with non-callable 3.5-year fixed-for-life or non-deferrable term.

AC Energy Inc. registered an attributable capacity of 1.8 gigawatts (GW) from its power plants here and abroad as of end-2019 with the inclusion of more renewable energy (RE) facilities in its portfolio. In a statement on Monday, the firm reported attributable energy output climbed by 25 percent to 3,500 gigawatt hours (GWh) in the […]

November 2 (Renewables Now) – Philippines-based AC Energy Corp (PSE:ACEN) said today it has secured board approval to set up a joint venture (JV) with compatriot CleanTech Global Renewables Inc to work on a 200-MW SC solar project in the Philippines’ Cagayan province.

Six months into the COVID-19 pandemic, major energy players AC Energy and Pilipinas Shell Petroleum corporation look forward to emerging from the economic effects of the crisis.

AC Energy, the energy platform of conglomerate Ayala Corp., said it has resumed operations and its business is back on track even as it continues to grapple with the economic fallout from the Covid-19 pandemic.

AC Energy Corp. said on Tuesday that its 120-megawatt (MW) solar farm in Alaminos, Laguna started commercial operations and is now supplying renewable energy to the grid.

MANILA, Philippines — The Mindanao coal-fired power plant owned by AC Energy Inc. has been named as among the country’s energy projects of national significance (EPNS). The Energy Investment Coordinating Council (EICC), led by the Department of Energy (DOE), has endorsed the 4×138-megawatt (MW) coal-fired power plant in Lanao del Norte in Mindanao owned by […]

AC Energy Philippines (Acen) takes a step further along its overhaul as the Ayala group’s domestic and international power generation platform following confirmation by regulators that the planned stock rights offering (SRO) that would raise up to P5.4 billion need not be registered.

Acciona S.A., a Spanish infrastructure company, has reportedly announced the expansion of its operations in Philippines and plans to recruit more manpower as it looks for opportunities in the renewable energy sector in collaboration with a local company. Reports cite, Acciona is weighing the potential of entering into a power purchase deal with private firms, […]

Globally, more and more countries continue to increase their focus on developing renewable energy sources, both due to the increasing pressure from various stakeholders, as well as the acknowledgement of the clear and present danger posed by climate change. Because of this, environmental, social, and governance (ESG) reporting has become a top priority for most […]