We aspire to be the largest listed renewables platform in Southeast Asia, with a goal of reaching 5 GW of renewables capacity by 2025.

#LALIREPSEA

#LALIREPSEA

Harnessing Nature

AC Energy derives renewable energy from nature to create a sustainable future for generations to come.

The-Wind---AC-Energy

The Wind

The-Sun---AC-Energy

The Sun

the tree

The Tree

Our 120 MW GigaSol Alaminos solar farm features a pioneering Sustainability Hub and is surrounded by Ayala Land’s Carbon Forest.

Our 120 MW GigaSol Alaminos solar farm features a pioneering Sustainability Hub and is surrounded by Ayala Land’s Carbon Forest.

AC Energy CORPORATION

  • 2020 Highlights
    Net Income
    3.75B
    65x
    Revenue
    20.44B
    27%
    Shareholders' Equity
    21.35B
    30%
    Market Capitalization
    110.48B
    7x

    The Philippines remains to be AC Energy’s core market, and the company reinforces its strong commitment to invest in much needed energy projects in the country as it takes strides to expand and diversify its generation portfolio, and significantly increase its renewables capacity.

  • % Renewables Share Increase
    Renewables Share Increase.png

Our ESG Performance

Operating our plants at top level efficiency must be in parallel with the scaling up of our renewables business.

A Low Carbon
Portfolio by 2030

AC Energy is well-positioned to accelerate its sustainable investments as it strives to play a meaningful role in the green-led recovery.

Total Renewables
Capacity

2,070 MW

Renewables
Share

80%

Emissions
Avoided

1.78MMT CO2e

Environment

AC Energy targets to “close the loop" in its project locations and help communities live in a pollution-free environment, a critical component of its sustainability strategy.

Forest
Protected

1,070 ha

Trees
Planted

~450,000

Upcycled
Plastic

32,540KG

Social

Through sustainable developments, AC Energy aims to “build back better” towards a more sustainable, resilient, and inclusive future.

Investment
in Communities

95.06 M

Taxes Paid to
Local Govt.

2.35 B

Jobs
Created

~7,000

Governance

AC Energy strives to be a steadfast partner in policy formulation and to adhere to regulatory frameworks that will ensure business continuity.

Corp. Governance
Scorecard

78.22

Board
Diversity

45% Female

Independent
Directors

36%

1. Infusion of the international assets by AC Energy and Infrastructure Corporation into ACEN is subject to applicable regulatory approvals.
2. Figures reflect 2020 data. Renewables capacity, share and Board highlights have been adjusted to reflect recent developments.
3. 2019 Corporate Governance Score will be updated upon the release of 2020 ASEAN Corporate Governance Scorecard Score by ICD.

Sustainability Highlights

  • Our sustainability strategy

    Our sustainability strategy is embedded in our corporate strategy and aligned with the UN Sustainable Development Goals.

  • Protecting the Turtles

    In Ilocos Norte, where marine turtles lay eggs and nest, the dangers of poaching and smuggling of the eggs have significantly decreased. Through awareness campaigns and continuous trainings, the local community now acts as guardians of the endangered species, becoming partners of AC Energy in turtle conservation.

  • Birds of the Conservation Estate

    The 700-hectare Conservation Estate of AC Energy in Ilocos Norte is now home to 117 species of birds, 33 of which are endemic, and four classified as vulnerable. The company's wind farms, North Luzon Renewables and NorthWind, with the help of the locals, all work together to preserve biodiversity.

  • Piloting Circular Approach

    In Alaminos and Palauig, a total of 32,540 kg of plastic waste from solar panel packaging have been recycled into eco bricks to be used as construction materials for solar plant facilities as AC Energy aims to "close the loop" in its project locations.

  • Capacity Building

    The forests of Pagudpud were once an area for hunting and lumber. Through AC Energy’s agroforestry program, local residents learned how to nurture forest for harvest of fruit and vegetables and sustainable farming techniques such as contour hedgerow and watershed systems.

Geographic
Presence

AC Energy Corporation (PSE: ACEN) is the listed energy platform of the Ayala Group. The company has ~1,200 MW of attributable capacity in the Philippines. This is expected to increase with the planned infusion of AC Energy International, which has ~1,400 MW of attributable capacity.

  • Philippine Assets

    Net Attributable
    Capacity
    ~1,200 MW
    Including
    ~670 MW
    Renewables
    Acen Philippine Assets Map

    * Map shows installed capacities as of May 2021 and presents DC capacities for solar projects. Includes Arayat Solar, which commenced construction on 26 April 2021.

    Operating Status

    Operational Status Chart

    Technology

    Technology Chart
    Operating Plants
    Under Constructions
  • International Assets1

    Renewables
    100%
    Net Attributable Capacity
    ~1,400 MW

    Acen International Assets Map

    1. Infusion of the international assets by AC Energy and Infrastructure Corporation into ACEN is subject to applicable regulatory approvals.
    2. Includes 40 MW wind for Mui Ne under construction

    Map shows installed capacities as of end May 2021, and presents DC capacities for solar projects

In the News

  • June 16, 2021

    AC Energy’s integrated approach to turtle conservation

    AC Energy’s integrated approach to turtle conservation

    AC Energy, through its wind farms in Ilocos Norte, North Luzon Renewables and NorthWind, has taken significant strides in boosting its turtle conservation program within its host communities by recently partnering with the Marine Wildlife Watch of the Philippines (MWWP), an organization advocating for the conservation and protection of marine-wildlife and their habitats. Aside from...

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  • May 25, 2021

    AC Energy’s renewable energy to power Pacific Synergy plant

    AC Energy’s renewable energy to power Pacific Synergy plant

    AC Energy signed an agreement with Pacific Synergy to power its Laguna plant with 100% renewable energy during peak hours AC Energy’s portfolio of operating wind, solar and geothermal plants will energize the Laguna plant for the next two years, or around 28,913 MWh Pacific Synergy gets to support the growth of renewables sector by...

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  • May 19, 2021

    AC Energy gears up to develop the Philippines’ largest wind farm

    AC Energy gears up to develop the Philippines’ largest wind farm

    AC Energy and UPC Renewables begin construction of the 160 MW Balaoi & Caunayan wind farm in Pagudpud, Ilocos Norte The Balaoi & Caunayan wind farm will be the largest in the country, with 32 of the latest wind turbines from leading supplier Siemens Gamesa each capable of producing 5 MW An important milestone for...

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  • May 17, 2021

    AC Energy completes follow-on offering

    AC Energy completes follow-on offering

    14 May 2021 – AC Energy Corporation (PSE: ACEN) has completed its follow-on offering, in a ₱13 billion deal that was warmly received by both Philippine and international investors. ACEN completed the offering of 2,010 million common shares priced at ₱6.50 per share, consisting of 1,580 million shares sold pursuant to the primary offer, 330...

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  • March 18, 2021

    GIC Private Limited completes private placement in AC Energy Corporation

    GIC Private Limited completes private placement in AC Energy Corporation

    March 18, 2020 – AC Energy Corporation (PSE: ACEN) today announced the completion of the subscription by an affiliate of GIC Private Limited (“GIC”), Arran Investment Pte Ltd, to four billion primary shares of ACEN, via a private placement. The private placement enables ACEN to raise additional capital totaling PHP11.88 billion to fund its various...

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  • March 11, 2021

    AC Energy announces 2020 Financial Results

    AC Energy announces 2020 Financial Results

    FY2020 net income of Php 3.75 billion Increased attributable capacity to 990 MW in operation and under construction Strong push toward sustainability and have aligned the organization towards meeting the 5GW renewable energy target by 2025 AC Energy Corporation (PSE: ACEN) posted its consolidated net income attributable to equity holders amounting to Php 3.75 billion...

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