Feb 2021
AC Energy, partner secure financing for Australia solar farm

MANILA, Philippines — AC Energy and Infrastructure Inc. (ACEIC) and its partner have secured financing from three banks for their mega solar project in Australia, with plans to add battery storage facility. UPCAC Renewables Australia, the joint venture of ACEIC and UPC Renewables, has reached financial close for the first 400-megawatt (MW) stage of the […]


Feb 2021
AC Energy’s renewables push reaches Australia

New England Solar Farm Stage 1 – 400MW reaches Financial Close

Completion of entry into the Australian market with partner UPC Renewables, An important milestone in delivery of 5GW of renewables capacity by 2025, aiming to be the largest listed renewables platform in Southeast Asia Reached financial close for the first 400MW out of 720MW Solar and 400MWhr Battery combined. A major contribution to AC Energy’s […]


Nov 2020
‘Banks’ involvement key to climate change reform’

The financial sector holds a “unique” position to advance reforms in climate preparedness and sustainability, especially in the post-pandemic recovery, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said. Speaking in a recent webinar on climate risk, Diokno said banks and regulators can no longer afford to ignore climate change or sustainability issues as […]