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    ACEN

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    Dianna Mae
    AC Energy Corporation is a Philippines-based energy provider involved in Renewables, Thermal energy, and oil and gas exploration. It has approximately 3,000 MW of capacity in several Southeast Asian countries and Australia, with 80% from Renewables. Its goal is to become the largest listed renewables platform in Southeast Asia with 5,000 MW by 2025 and achieve net-zero emissions by 2050.

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    ACEN

    Uploaded by

    Dianna Mae
    10 views2 pages
    AC Energy Corporation is a Philippines-based energy provider involved in Renewables, Thermal energy, and oil and gas exploration. It has approximately 3,000 MW of capacity in several Southeast Asian countries and Australia, with 80% from Renewables. Its goal is to become the largest listed renewables platform in Southeast Asia with 5,000 MW by 2025 and achieve net-zero emissions by 2050.

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    AC Energy Corporation is a Philippines-based energy provider involved in Renewables, Thermal energy, and oil and gas exploration. It has approximately 3,000 MW of capacity in several Southeast Asian countries and Australia, with 80% from Renewables. Its goal is to become the largest listed renewables platform in Southeast Asia with 5,000 MW by 2025 and achieve net-zero emissions by 2050.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    10 views2 pages

    ACEN

    Uploaded by

    Dianna Mae
    AC Energy Corporation is a Philippines-based energy provider involved in Renewables, Thermal energy, and oil and gas exploration. It has approximately 3,000 MW of capacity in several Southeast Asian countries and Australia, with 80% from Renewables. Its goal is to become the largest listed renewables platform in Southeast Asia with 5,000 MW by 2025 and achieve net-zero emissions by 2050.

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    ACEN

    AC Energy Corporation

    Sector: INDUSTRIAL

    Sub-Sector: ELEC., ENERGY, POWER & WATER

    AC Energy Corporation (ACEN) was originally established and incorporated as Trans-Asia Oil and Mineral
    Development Corporation on September 8, 1969. The Company subsequently changed to its present
    name, which the Securities and Exchange Commission approved on January 5, 2021.

    ACEN is the listed energy platform of the Ayala Group. The Company has approximately 3,000 MW of
    attributable capacity in the Philippines, Vietnam, Indonesia, India, and Australia. The Company's
    renewable share of capacity is at approximately 80%, among the highest in the region.

    ACEN's aspiration is to be the largest listed renewables platform in Southeast Asia, with a goal of
    reaching 5,000 MW of renewables capacity by 2025. In October 2021, ACEN announced its commitment
    to achieve net-zero greenhouse gas emissions by 2050.

    Source: The Company (2021)

    AC Energy Corp is a Philippines-based energy provider. The company is mainly involved in the business
    of Renewables and Thermal energy. It also holds interests in the business of oil and gas exploration and
    production. The company operates in two segments: Parent & Others and the Philippines. The
    Philippines segment, which accounts for most of its revenue, is into Retail Electricity Supply (RES) or
    Commercial Operationalists these unprecedented times, ACEN adopted a resilient stance in its corporate
    governance system. Cognizant that stakeholder needs have drastically changed over the period, the
    company has been flexible in its approach in ensuring that stakeholder interests are fundamental
    considerations in the company’s oversight and decision processes, on top of compliance with
    requirements, standards, and best practices.

    ACEN affirms that adherence to good corporate governance principles is essential for the achievement
    of its strategic goals. The company believes in doing business with integrity and in full compliance with
    laws and regulations. At the core of our company are four corporate values: integrity, long-term vision,
    empowering leadership, and commitment to national development’s, Renewables and Thermal and
    Diesel entities.
    We all know that electricity and water are our daily needs so we must be thankful to this kind of
    investment company in providing us what makes our life easier everyday

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