Acen Corporation (ACPIF)

0.0300 0.0000 (0.00%) At close: 03:36PM EDT

Acen Corporation

Ayala Triangle Gardens Tower 2
35th Floor Paseo de Roxas corner Makati Avenue
Makati City 1226
Philippines
63 2 7730 6300
https://www.acenrenewables.com

Sector(s): Utilities
Industry: Utilities - Renewable
Full Time Employees: 310

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. John Eric Tecson Francia	President, CEO & Director	N/A	N/A	1971
Mr. Jonathan Paul Back	CFO & Chief Strategy Officer	N/A	N/A	N/A
Mr. Jose-Maria-Eduardo Pons Zabaleta Jr.	CEO of ACEN Development, Group Chief Operating & Development Officer	N/A	N/A	1973
Mr. Patrice Rene Clausse	Group Chief Investment Officer, Head of the International Group & CEO of ACEN International	N/A	N/A	1981
Mr. John Philip S. Orbeta	Group Chief Human Resources Officer, Group Chief Risk Officer & Group Chief Administrative Officer	N/A	N/A	1962
Attorney Dodjie De Gracia Lagazo	Group Compliance Officer, General Counsel & Assistant Corporate Secretary	N/A	N/A	1980
Mr. Roman Miguel Garfes de Jesus	Chief Operating Officer of Philippine Operations	N/A	N/A	1975
Ms. Mae-Christine L. Go	Chief Audit Executive	N/A	N/A	1982
Ms. Kyla Kamille U. Samson	Controller	N/A	N/A	1989
Madam Maria Cecile T. Cruzabra	Group Treasurer	N/A	N/A	1966

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Acen Corporation, together with its subsidiaries, engages in the power generation and trading; and oil and mineral exploration, development, and production activities in the Philippines and internationally. It operates and maintains 81 megawatts (MW) and 52MW wind farms in Ilocos Norte; a 54MW wind farm in Guimaras; a 40MW wind farm in Binh Thuan Province, Vietnam; a 252MW wind farm in Quang Binh Province, Vietnam; a 88MW wind farm in Ninh Thuan, Vietnam; a 75 MW wind farm in South Sulawesi, Indonesia; 80MWdc, 18MWdc, and 45MWdc solar power farms in Negros Occidental; a 120MWdc solar power farm in Alaminos, Laguna; a 63MWdc solar power farm in Palauig, Zambales; a 80MWdc solar power plants in Dak Lak and Khanh Hoa, Vietnam; and 140MWdc and 70MWdc solar power farms in Rajasthan and Gujarat, India. The company also owns and operates a 244MW coal thermal project located in Batangas; 108MW diesel plant in Olongapo City; 20MW diesel power plant in La Union; 48MW diesel plant in Bulacan; 24MW diesel power barge plant in Iloilo; 150MW diesel plant in Pililia, Rizal; 32MW geothermal plant in Santo Tomas, Batangas; and 648MW geothermal plant in West Java, Indonesia. It also engages in the leasing and land development activities; trading of electricity in the wholesale electricity spot market; distribution of petroleum products; financing activities; and advisory/consultancy activities. The company was formerly known as AC Energy Corporation and changed its name to Acen Corporation in July 2022. Acen Corporation was incorporated in 1969 and is based in Makati City, the Philippines. Acen Corporation operates as a subsidiary of AC Energy and Infrastructure Corporation.

Corporate Governance

Acen Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.