The Ayala Group’s ACEN grew first quarter net income by 50 percent to P2.9 billion as stronger renewable energy output from Australia, Lao PDR and recovering Philippine wind farms boosted results amid volatile global energy markets.
ACEN Corp. 's Australian joint venture with the Yindjibarndi Aboriginal Corp. has reached financial close for the Jinbi Solar Project, paving the way for construction to begin on one of Australia’s largest Indigenous-led renewable energy initiatives.
The Philippines’ benchmark stock index is heading for its next reshuffle in August, with Maynilad Water Services Inc. (MYNLD) emerging as a near-certain entrant while three listed firms face a tight fight to avoid being dropped.
The Ayala Group’s ACEN and its fintech arm GCash are making a big push into rooftop solar, betting lower monthly payments will unlock mass adoption, starting with a partnership with the Ilocos Norte government.
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.
ACEN Corp. reported a sharp decline in full-year profits as asset outages and weaker electricity prices dragged on earnings, even as the Ayala-led renewable energy platform expanded generation from new projects.
De La Salle University Laguna has switched to renewable electricity after signing a supply deal with ACEN Renewable Energy Solutions, part of the Ayala-backed clean energy giant ACEN Corp.
The Ayala Group’s ACEN Corp. has been named to TIME and Statista’s Asia-Pacific’s Best Companies 2026, a 500-firm regional ranking that screens for growth, employee scores, and environmental, social, and governance disclosure.
ACEN has taken full control of its India renewables business, ending its joint venture with UPC Renewables in a move that consolidates one of its largest overseas platforms.