Leading the charge in the renewables revolution

Will Mills

ACEN’s ETM,
first in the world

ACEN’s landmark Energy Transition Mechanism, the first ETM deal in the world, allows the company to move closer toward its commitment to 100% renewables generation by 2025, with a goal of reaching 20 GW of renewables capacity by 2030. "ACEN continues to blaze the trail for energy transition in the Asia Pacific. As the company has successfully divested its coal asset, ACEN commits to a just energy transition. We have established mechanisms to ensure that stakeholder interests, especially those of the people and communities of SLTEC, are effectively addressed." - Eric Francia,
President and CEO
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Geographic Footprint

ACEN continues to expand its portfolio within its key markets, fortifying its presence with the full acquisition of the Australia platform and new solar and wind farms under construction in the Philippines, Australia, Indonesia, and India.

Total attributable capacity
of owned assets 1,2

~4,800 MW

Renewable capacity

~4,700 MW

Share of renewables to
total capacity

~99%

ACEN Geographic Footprint
1 As of 12 April 2024. Refers to gross capacity of owned assets, multiplied by ACEN’s effective economic ownership.
Does not include leased units.
2 Includes rooftop solar; NEFIN capacity as of 31 December 2023
In the News

In the News

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  • ACEN and Rockefeller Foundation Pilot Could Avoid up to 19 Million Tons of CO2 via Carbon Financing

    17 April 2024

    New analysis led by RMI assesses the climate impact of closing a Philippines coal plant 10 years early and replacing it with renewable energy, via the Coal to Clean Crediting Initiative (CCCI) SINGAPORE | 17 April 2024 — ACEN Corporation and The Rockefeller Foundation announced today that the first Coal to Clean Credit Initiative (CCCI)...

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  • ACEN secures US$150M green term loan facility from SMBC

    16 April 2024

    A new green finance initiative to support ACEN’s 20 GW renewable energy ambition by 2030 An inaugural partnership with SMBC, underscoring a shared commitment to advance Asia-Pacific’s green energy transition and international market growth Flexible funding structure empowers ACEN to bolster international renewable projects 15 April 2024 – ACEN, through its subsidiary ACEN Renewables International...

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  • ACEN Australia and SmartestEnergy sign PPA for clean electricity generated from New England Solar

    13 March 2024

    Power Purchase Agreement (PPA) to offtake renewable electricity generated from Stage 1 of ACEN Australia’s New England Solar project in NSW The eight-year agreement provides SmartestEnergy with an offtake of 25% of the output of the 400 MW Stage 1 project Through the partnership, electricity consumption can be reduced that could otherwise be sourced at...

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  • ACEN and BrightNight to develop 1 GW of renewables in the Philippines

    11 March 2024

    Enables the development and construction of BrightNight’s 1 GWac Philippines renewables portfolio with an estimated capital deployment of US$1.2 billion over the next five years Marks BrightNight’s second partnership with ACEN in the Asia Pacific region in the past 12 months 8 March 2024, Manila, Philippines & West Palm Beach, U.S – ACEN, the leading...

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  • ACEN and ZEN Energy forge alliance to drive renewable energy expansion in Australia

    5 March 2024

    4 March 2024 – ACEN, through its subsidiary, ACEN Australia, announced today that it has signed a cooperation agreement with Australian-owned ZEN Energy Retail (ZEN Energy) to advance the Power Purchase Agreement documentation for an offtake of up to 220 MW of ACEN Australia’s New England Solar project. Representing up to 52% of the output...

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  • ACEN Australia partners with Marubeni Asian Power Singapore to develop a 200 MW battery energy storage system in Australia

    5 March 2024

    Partnership to develop a 400 MWh Battery Energy Storage System (BESS) Strengthens ACEN Australia and Marubeni’s position to expand in Australia and support the country’s energy transition 04 March 2024, Melbourne, Australia – ACEN Australia (of the Ayala Group) and Marubeni Asian Power Singapore signed a Cooperation Agreement for the joint development of a 200...

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  • COP28: ACEN launches its Just Energy Transition Roadmap in partnership with global coal-to-clean accelerator

    17 December 2023

    Dubai, December 5, 2023 – ACEN announced the launch of its Just Energy Transition (JET) Roadmap for the 246 MW South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant at the 2023 United Nations Climate Change Conference in Dubai, UAE. The initiative builds on the momentum generated by ACEN’s Energy Transition Mechanism (ETM), the world’s...

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  • ACEN inducted as member of global group Powering Past Coal Alliance (PPCA) at COP28

    16 December 2023

    Fresh from a successful run at COP28, ACEN bolsters its commitment to renewable energy by joining the prestigious PPCA The induction underscores the transformative power of coal to renewable energy transition for a sustainable and inclusive economic and societal landscape ACEN’s pioneering Energy Transition Mechanism, the world’s first market-based model, lauded as a benchmark in...

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  • COP28: ACEN, The Rockefeller Foundation and Monetary Authority of Singapore partner to pilot the use of Transition Credits for the early retirement of coal plants

    14 December 2023

    ACEN, the listed energy platform of the Ayala group, announced its partnership with The Rockefeller Foundation’s Coal to Clean Credit Initiative (CCCI) and the Monetary Authority of Singapore (MAS) to explore a major step towards accelerating the phase-out of coal plants in line with the Paris Agreement.

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  • ACEN announces roadmap to reach Net Zero emissions by 2050

    3 April 2023

    ACEN is the first energy company in Southeast Asia to announce its Net Zero roadmap that includes near-term scope 1, 2 and 3 greenhouse gas (GHG) emissions reduction targets, aligned with a 1.5°C pathway for the power sector.

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