ACEN upgraded to "B" rating by CDP, reaffirms commitment to environmental transparency
* ACEN secures a "B" rating from CDP for its climate change disclosure, two levels up from last year's score * This signifies the company's strong environmental accountability to its stakeholders, helping it assess, identify and manage environmental risks amid a growing renewables portfolio ...
BrightNight and ACEN Announce US $1.2B Capital Partnership in the Philippines to Advance BrightNight's Renewables Portfolio
* Enables the development and construction of BrightNight's 1 GWac Philippines renewables portfolio with an estimated capital deployment ofUS$1.2b over the next five years * Marks BrightNight's second partnership with ACEN in the Asia Pacific (APAC) region in the past 12 months * Advances B...
Australia Prime Minister lauds ACEN Australia investments
MANILA, Philippines, Sept. 11, 2023 /PRNewswire/ -- Australia Prime Minister Anthony Albanese recently concluded a bilateral visit to the Philippines last September 8, the first Australian leader to do so in twenty years. The bilateral meeting was highlighted by the signing of a Strategic Partner...
ACEN announces roadmap to reach Net Zero emissions by 2050
* ACEN is the first energy company in Southeast Asia[1] 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. * ACEN's long-term targets support the company's net zero ambit...
New England Solar, one of Australia's largest solar projects, officially opened
* Stage 1 of ACEN Australia's New England Solar project was officially opened by the Hon. Chris Bowen MP, Federal Minister for Climate Change * It is one of Australia's largest solar projects to be participating in the National Electricity Market, with Stage 1 requiring the installation of clo...
ACEN acquires portfolio of eight operating wind projects in Texas, USA
* Joint venture company acquiring a total of 136 MW of wind assets from US-based GlidePath Power Solutions LLC * Strong growth US platform leveraging the combined expertise of ACEN and its partners: Pivot Power Management and UPC Solar & Wind Investments * Will generate approximately 360 GWh...
ACEN completes the world's first Energy Transition Mechanism (ETM) transaction for the 246-MW SLTEC coal plant
* Full completion of the world's first market-based Energy Transition Mechanism (ETM) transaction, which will enable the early retirement of the 246-MW SLTEC coal plant and its transition to cleaner technology * Entails full divestment of ACEN's equity stake in SLTEC, bringing the company clo...
CEFC backs clean energy developer ACEN to develop 8 GW renewables portfolio
MANILA, Philippines, Nov. 2, 2022 /PRNewswire/ -- Renewables developer ACEN and the CEFC have joined forces to develop large-scale clean energy assets acrossAustralia, powered by a $75 million CEFC investment that will accelerate an 8 GW clean energy portfolio that includes solar, wind, battery ...
