The Ayala Way Vol. 5 No. 37
ASM 2024 : ACEN, ENEX, and Globe
“The accelerating shift to a low-carbon future has nurtured several tailwinds for the growth of renewables. Within ACEN, we have a deep development pipeline to take on these opportunities.
“Equally important, the company has a talented, motivated team to execute and deliver.”
DELFIN LAZARO
ACEN Chairman
“The company continues to execute on its renewables expansion across our key markets in the Philippines, Australia, Vietnam, India, Indonesia, Laos, and the U.S. ACEN currently has around 4.7 GW of renewables capacity in operation and under construction. In addition, the company has signed agreements or won competitive tenders worth over 1 GW of capacity. This effectively surpasses the company’s goal of reaching 5GW of renewables by 2025, or almost two years ahead of schedule.”
ERIC T. FRANCIA
ACEN President and CEO
"The company continues to make progress in the downstream sector. Our investee company, Batangas Clean Energy or BCE, continues to develop the 1,100 MW combined cycle gas turbine project in Batangas Province which is awaiting a competitive selection process in order to secure a customer off-take contract. The company will focus in its two assets namely, SC55 and BCE, and will look to unlock value at the opportune time."
ERIC T. FRANCIA
ENEX Chairman
“2023 was a time of greater expansion for Globe as it continued to deliver life-enabling innovations that solve the daily pain points of Filipinos. The company further cemented its standing as the foremost digital solutions provider in the Philippines, with an unrivaled ecosystem of products and services that make life better.”
JAIME AUGUSTO ZOBEL DE AYALA
Globe Chairman
“As One Globe, we aspire for a future where every Filipino can thrive in a digital landscape, uplifting lives of the customers, and driving growth in the communities we are in. 2023 has been a testament to our solid resilience and adaptability as a business. We’ve navigated the complexities of rapidly changing digital economic and regulatory environments because we’ve moved as One Globe.”
ERNEST L. CU
Globe President and CEO
About the author
Knowledge Management (1)
AC Knowledge Management is responsible for enterprise content management, archives management, and the development of knowledge products and services in Ayala. KM produces books on corporate history and business developments and publishes the groupwide internal communications channel, The Ayala Way.