About Acen Corporation
Acen Corporation, together with its subsidiaries, is a leading power generation and trading company operating in the Philippines and internationally. The company focuses on renewable energy and thermal power generation, along with complementary businesses in oil exploration, retail utilities, and industrial services.
Business Segments
- Philippines Segment: Core operations within the local market.
- International Segment: Expands the company's reach beyond the Philippines.
Power Generation Portfolio
As of December 31, 2024, Acen Corporation's energy capacity includes:
- Renewable Energy (6,828 MW):
- Solar Energy: 4,576 MW
- Wind Power: 2,001 MW
- Geothermal Resources: 113 MW
- Battery Storage: 138 MW (linked to solar farms)
- Thermal Energy: 68 MW
Additional Business Activities
- Oil and mineral exploration, development, and production
- Retail electricity and water supply services
- Leasing and land development
- Petroleum product distribution
- Industrial instrumentations
Corporate Background
Originally incorporated in 1969 as AC Energy Corporation, the company rebranded to Acen Corporation in July 2022. Headquartered in Makati City, Philippines, it operates as a subsidiary of AC Energy and Infrastructure Corporation.