ACEN Invests Php 660 Million in BCHC to Bolster Renewable Energy Expansion

ACEN Corporation has announced a capital infusion of Php 660 million into its subsidiary, Buendia Christiana Holdings Corporation (BCHC), through the subscription of 660,000 common shares and 5.94 million redeemable preferred shares (RPS).

In a regulatory filing, ACEN stated that the investment will enable BCHC to secure strategic land assets essential for upcoming power development initiatives.

“The additional capital will be used by BCHC to purchase real property required for various potential power projects,” ACEN said.

As a key subsidiary, BCHC plays a critical role in acquiring land assets vital to ACEN’s renewable energy expansion strategy.

Accelerating Renewable Energy Growth

ACEN has been ramping up its renewable energy projects globally, aiming to reach 20 gigawatts (GW) of attributable capacity by 2030. The company’s current portfolio includes:

• 7 GW in total, comprising:
  • 3.3 GW in operation
  • 2.3 GW under construction
  • 1.4 GW in committed projects

This sustained growth highlights ACEN’s ambition to lead the clean energy transition while reinforcing its presence in key global markets.

With a rising global focus on sustainability and green energy solutions, ACEN’s aggressive expansion strategy is poised to contribute to a more resilient and low-carbon future.