AC energy

AC Energy Launches $400 mn Fixed for life Green Bond

AC Energy has successfully set the terms of its senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of USD 400 million Ayala Corporation’s energy platform, AC Energy has announced that it has successfully set the terms of its inaugural US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bond issuance at an aggregate principal […]

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Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific

UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […]

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World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond

The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […]

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ADB Invests $20 Mn to Finance RE Projects in Southeast Asia

Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […]

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Seraphim Solar Gets 80 MW Supply Pact in Vietnam

The company has agreed to deliver the PV modules for a targeted commission date in late April 2019. Jiangsu Seraphim Solar System (Seraphim) has inked new landmark supply agreements for two separate PV projects totaling 80MW in Vietnam. The solar farms are a joint venture project of AMI Renewables of Vietnam and AC Energy of the Philippines. The company has agreed to […]

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Sungrow Partners with Bouygues to Support 201 MW PV Plant in Vietnam

The solar project is the largest solar plant in Vietnam, and is currently being developed by a joint venture, BIM Group and AC Energy. One of the leading inverter solution suppliers for renewables Sungrow to partner with Bouygues, a French multinational industrial group, to supply 1500V turnkey container solution, associated SCADA and PPC for a 201 MW […]

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O2 EMC, URE Complete Construction of Bedford Solar Farm

The project was a 3MW AC (3.3MW DC) solar power system located on approximately 16 acres of land in Bedford, Virginia. Solar projects developer O2 EMC and EPC firm United Renewable Energy (URE) have completed the construction of the Bedford Solar Farm in Virginia. The project was a 3MW AC (3.3MW DC) solar power system located […]

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