The energy crisis spurred by the Middle East conflict is driving demand for more stable and predictable energy, creating a tailwind for ACEN Corp. as customers shift away from volatile fuel sources.
“For companies like ACEN, this environment is favorable as there is growing demand from customers for renewable solutions that provide predictability in energy costs and improving reliability,” ACEN president and CEO John Eric Francia said during the company’s annual stockholders’ meeting on Wednesday.
“Advances in battery storage technology, now becoming more cost competitive, further enhance the viability of renewables by addressing intermittency and strengthening energy security,” he added.
Scale and footprint
ACEN is the listed energy platform of the Ayala group, focused on building and operating renewable power assets across Asia-Pacific.
As of end-2025, it has reached over 7 gigawatts of attributable renewable capacity, with its portfolio now fully transitioned to 100 percent clean energy.
ACEN has expanded across key markets including Australia, Southeast Asia, and the Philippines, delivering large-scale projects such as the Stubbo Solar farm and the Monsoon Wind project in Laos.
Why it matters
During the meeting, Francia said the crisis is fast-tracking the shift to indigenous and renewable energy.
“This shift is increasingly attractive not only for environmental reasons but also for economic resilience, as renewable energy offers greater price stability and reduced exposure to geopolitical shocks,” he said.
2026 focus
In the Philippines, ACEN continues to grow its operating portfolio and retail electricity business, supplying renewable power to hundreds of commercial and industrial customers.
The company earlier set aside about P80 billion in capital spending for 2026 while taking a more selective approach to investments and strengthening its revenue base through power contracts and battery storage.
—Edited by Miguel R. Camus
