AC Energy
Company

Last deal

$414.56M
Local Amount - AUD 600M

Amount

Post-IPO Debt

Stage

09.01.2023

Date

2

all rounds

$824.56M

Total amount

date founded

Financing round

General

About Company
ACEN is a renewable energy company aiming to be Southeast Asia's largest.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

ACEN, the energy platform of the Ayala Group, has a renewable energy portfolio of over 4,000 MW across multiple countries. Their goal is to reach 20 GW of renewables capacity by 2030. ACEN is committed to transitioning to 100% renewable energy by 2025 and becoming a Net Zero greenhouse gas emissions company by 2050. They are part of Ayala Corporation, a major player in wind and solar energy, and have invested over $1 billion in renewable and thermal energy projects. ACEN's portfolio includes wind and solar farms, such as a 52MW wind farm in Bangui Bay and an 18MW solar farm in Tamisu. Their ambition is to exceed 5 GW of capacity and generate at least 50% of energy from renewables by 2025.
Contacts
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total rounds

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total raised

$149.85M

count Of Investments

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Financials

Funding Rounds
2
2

Number of Funding Rounds

$824.56M

Money Raised

Their latest funding was raised on 09.01.2023. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
09.01.2023
$414.56M
Local Amount - AUD 600M
01.02.2019
$410M
Co-Investors
Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
Phinma Energy acquired by AC Energy

Phinma Energy acquired by AC Energy

acquirer

AC Energy
AC Energy

date

16.04.2019

type

Acquisition

price

$122M
Phinma Energy

Phinma Energy

ACEN is a listed energy platform aiming to become the largest renewables platform in Southeast Asia by 2030.

Sector

Electricity

Subsector

Alternative Electricity

Keywords

Renewable Energy, Energy

Location

Rockwell City, IA 50579, USA

People

Founders
1
Fernando Zobel De Ayala
Fernando Zobel De Ayala

Fernando Zobel De Ayala

current job

Ayala Corporation
Ayala Corporation

organization founded

1

Fernando Zobel De Ayala

Employee Profiles
5
Miguel Angelo Fernandez

Miguel Angelo Fernandez

Chief Financial Officer

Duane Cramer

Technical advisor

Mark Dai

Partner and portfolio manager

John Eric T. Francia

John Eric T. Francia

President & Chief Executive Officer

Fernando Zobel De Ayala

Fernando Zobel De Ayala

Founder

Activity

Recent News
1