ACEN subsidiaries relinquish solar energy operating contracts in Quezon and Zambales due to land acquisition and access issues.

Type: Development · Technology: Solar · Country: Philippines · Announced: 2026-09-11

Abagat Energy Corp., a subsidiary of ACEN Corp., relinquished its solar energy operating contract for a site in Pagbilao, Quezon, on September 11, 2026, due to material land acquisition challenges. The Philippine Department of Energy had awarded this contract in August 2024. The project had a potential capacity of 336 MW and was still in development, with no final investment decision reached.

Counterparties

• Philippine Department of Energy (Awarding Body)
• Abagat Energy Corp (Subsidiary)
• ACEN Corp. (Developer)

Source article

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