AC Energy Corporation (ACEN) has completed its follow-on offering (FOO), in which it has raised Php13.1 billion to fund its renewable energy projects this year. A total of 2.01 billion shares were...
AC Energy’s net income for the first quarter of the year went up by 53.7% to Php829.32 million from Php539.58 million restated figure in the same period last year. In its disclosure to...
Fort Pilar Energy Corporation outbid Ayala-led AC Energy for the ownership of the 650-megawatt (MW) Malaya Thermal Power Plant (MTPP) in Pililla, Rizal. Government-run Power Sector Assets and Liabilities Management Corporation (PSALM)...
AC Energy (ACEN) is working on nearly 12 gigawatts (GW) worth of renewable energy (RE) projects, more than twice its 2025 target of five GW, as it aims to become Southeast Asia’s...
Ayala-led AC Energy and Fort Pilar Energy, Inc. are the last of the five original bidders remaining for the third round of negotiated sale process for the 650-megawatt (MW) Malaya Thermal Power...
The Department of Energy (DOE) endorsed 16 new power projects to the National Grid Corporation of the Philippines (NGCP) for system impact study in the first quarter. The Mariveles natural gas plant...
AC Energy (ACEN) has set its follow-on offering (FOO) price at Php6.50/share, it announced in a disclosure to the Philippine Stock Exchange (PSE). The FOO, slated for Monday (May 3) is “subject...
AC Energy Corporation (ACEN) and AC Energy and Infrastructure Corporation (ACEIC) have finalized their property-for-share swap deal as part of ACEN’s move to consolidate its local and foreign energy platforms. In a...
AC Energy (ACEN) announced that its 63-megawatt (MW) Gigasol Palauig solar farm in Zambales has begun operations and is seen to supply power to the Luzon Grid. The Ayala-led firm said the...
The Securities and Exchange Commission (SEC) has “favorably considered” AC Energy’s (ACEN) follow-on offering (FOO). ACEN aims to raise as much as Php16.48 billion, as it will be offering a total of...
