ACEN and Philippine city government sign 100% renewable energy deal

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.

Counterparts (2)

Developer

ACEN Corporation

company

ACEN Corporation is the listed energy platform of the Ayala Group, focused on accelerating the energy transition in the Asia Pacific region. It develops, owns, and operates renewable energy projects, with approximately 4.7 GW of attributable capacity across the Philippines, Vietnam, Indonesia, India, Australia, and Laos.

Offtaker

P

Philippine city government

company