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March 20, 2023
ACEN Australia, a subsidiary of the Ayala Group’s ACEN, has officially commenced stage 1 of its New England Solar project, marking a milestone in its six-year journey to generate clean renewable energy into the National Electricity Market.
March 16, 2023
The largest solar project in the Australian state of New South Wales has officially opened, with ACEN Australia confirming that the first 400 MW stage of its planned 720 MW New England Solar Farm is now progressing through the commissioning process.
February 2, 2023
Ayala-led ACEN Corporation (ACEN), via its subsidiary AC Renewables International (ACRI), has completed acquisition of the equity previously held by its partner-firm UPC Renewables Asia Pacific Holdings in their Australian development platform for renewable energy (RE) projects. According to t
February 2, 2023
ACEN Corp. has completed its takeover of its Australian joint venture platform for $173.1 million.
February 2, 2023
ACEN Renewables International (ACRI), a subsidiary of Ayala-led ACEN Corp., took full control of UPC Renewables Asia Pacific Holdings (UPCAPH) after completing the second and final tranche of the acquisition. “ACEN, through its subsidiary, ACEN Renewables International (ACRI), today completed its previously announced acquisition of the Australia development platform,” ACEN…
January 20, 2023
Ayala-led ACEN Corporation reported that its feasibility study on the proposed Phoenix pumped hydro project in Australia has been progressing, raising hopes for eventual commercial development of a large scale hydro facility in that energy market. The Phoenix pumped hydro venture of ACEN Austr
January 19, 2023
ACEN Corp. has secured funding support from Australia’s New South Wales government to explore the feasibility of the company’s proposed large-scale long duration renewable energy storage facility.
January 12, 2023
Philippines-based energy company ACEN Corporation plans to capitalise on Australia’s “unparalleled renewables potential” after securing a $277 million (USD 191 million) loan facility which it says will be accelerate the delivery of an 8 GW clean energy portfolio that includes solar, wind, battery and pumped hydro.
January 9, 2023
ACEN secures AU$277-M loan for Australia projects Ayala-led ACEN Corporation has secured AU$277-million syndicated loan to continuously bankroll its utility-scale renewable energy (RE) projects in the Australian energy market. The syndicated loan has been sourced from the Bank of China in Ma
December 19, 2022
MANILA, Philippines, Nov. 2, 2022 /PRNewswire/ -- RenewablesdeveloperACENandtheCEFChavejoined forcestodevelop large-scale clean energy assets across Australia, powered by a $75 million CEFC investment that will accelerate an 8 GW clean energy portfolio that includes solar, wind, battery and pumped hydro. The CEFC finance is part of an ACEN Australia debt raise targeting AUD [$600] million and follows an AUD$140m long-term, green loan agreement with Japanese lender MUFG and a AUD$100m facility ag...