MANILA, Philippines — South Luzon Thermal Energy Corp. (SLTEC) has redeemed P3.2-billion worth of preferred shares owned by ACEN Corp. as part of the energy transition mechanism, which will enable the ...

MANILA, Philippines — ACEN Corp., the listed energy platform of the Ayala Group, is teaming up with global platform Coal Asset Transition Accelerator (CATA) in mapping out a blueprint for the energy ...

Retiring the SLTEC coal plant in the Philippines a decade early could avoid up to 19 million tonnes of CO2. The first Coal to Clean Credit Initiative (CCCI) pilot project under consideration in the ...

SOUTH Luzon Thermal Energy Corp. (SLTEC), a joint venture between Trans-Asia Oil and Development Corp. of the Phinma Group and AC Energy Holdings Inc. of the Ayala Group, announced on Thursday the ...

South Luzon Thermal Energy Corp. (SLTEC) has launched the commercial operation of Unit 1of its 270-megawatt (MW) coal-fired power plant in Calaca, Batangas last Friday. SLTEC, which is a joint venture ...

Full completion of the world's first market-based Energy Transition Mechanism (ETM) transaction, which will enable the early retirement of the 246-MW SLTEC coal plant and its transition to cleaner ...

Net zero is a global movement to achieve zero net greenhouse emissions to limit global warming to 1.5 degrees Celsius by 2050. “Transitioning the company’s generation portfolio to 100 percent ...

The Philippines-based energy firm ACEN, Temasek-owned GenZero and Singaporean conglomerate Keppel have teamed up to develop a scalable model to accelerate Southeast Asia’s transition away from coal to ...

ACEN Leadership Team headed by Chairman Fernando Zobel de Ayala, President & CEO Eric Francia, CFO Maria Corazon Dizon, SLTEC CEO Miguel de Jesus, and SLTEC President & COO Miguel Angelo Fernandez are ...