ACEN and Philippine city government sign 100% renewable energy deal
Type: Ppa · Technology: Solar · Country: Philippines · Announced: 2026-04-06
ACEN has signed a corporate power purchase agreement (cPPA) with a Philippine city government to supply 100% renewable energy, marking a material step toward the city's decarbonization goals. The agreement positions ACEN as the primary renewable energy provider for the local government's operations, leveraging its portfolio of solar and wind assets across the Philippines. The deal aligns with the city's commitment to transition entirely to renewable energy sources, reducing its carbon footprint and energy costs over time. ACEN, the listed energy platform of the Ayala Group, will integrate this cPPA into its existing renewable energy contracts, which include over 4 GW of capacity in the country. The agreement underscores the growing demand for clean energy solutions among local governments in the Philippines, where ACEN has been expanding its footprint in both utility-scale and distributed renewable projects.
Analysis
ACEN Corporation has announced a corporate power purchase agreement with a Philippine city government to supply 100% renewable energy for its operations. ACEN, the listed energy platform of the Ayala Group, operates over 4 GW of renewable energy capacity across the Philippines, including solar and wind assets. This agreement is set to commence in 2026, aligning with the city's decarbonization objectives.
Key points
- ACEN Corporation signed a ppa with a Philippine city government.
- The deal is for 100% renewable energy supply.
- The agreement is scheduled to begin in 2026.
- ACEN has over 4 GW of renewable energy capacity in the Philippines.
Counterparties
- ACEN Corporation (Developer)
- Philippine city government (Offtaker)