A.T. Yuchengco Centre (ATYC), a prominent 34-storey PEZA-accredited office tower in the heart of Bonifacio Global City, announced its significant shift towards environmental sustainability by transitioning to 100% renewable energy supply through a retail electricity supply agreement with the Ayala group’s ACEN Renewable Energy Solutions (ACEN RES).
Under the agreement, ACEN RES will power the A.T. Yuchengco Centre with renewable energy sourced from ACEN’s extensive renewable energy portfolio, potentially avoiding up to 32,337 metric tons of carbon emissions, equivalent to almost 8,000 cars off the road annually. This move aligns with A.T. Yuchengco Centre’s commitment to reducing its environmental impact and supporting the Philippines’ transition to a renewable energy future.
ACEN president & CEO Eric Francia (center) turned over the “Powered by Renewable Energy” badge to ATYC Inc. president & CEO Lorenzo Tan (second from left) in recognition of the company’s commitment to renewable energy. Also present during the signing ceremony were ATYC Inc. COO & CFO Gema Cheng (leftmost), ACEN managing director & COO for Philippine operations Miguel de Jesus (second from right) and ACEN SVP for market transformation Tony Valdez (rightmost).
The 34-storey building, boasting 25 office floors ideal for BPO companies, along with retail and commercial spaces, now operates on renewable energy.
Eric Francia, President and CEO of ACEN, said: “We are proud to be a partner in sustainability with A.T. Yuchengco Centre. This collaboration underscores the importance of the commercial real estate sector in enabling the energy transition. ACEN is committed to supporting organizations like A.T. Yuchengco Centre in reaching their sustainability goals, contributing to a greener and more resilient future for the Philippines.”
The 585 MW SanMar Solar in Zambales, the largest solar farm in the Philippines to date, is just among the 11 solar farms of ACEN in operation and under construction in the country. ACEN has a total gross solar capacity of over 1,500 MW in the country.
Lorenzo Tan, President of ATYC, Inc., said: “At A.T. Yuchengco Centre, we are dedicated to creating a progressive and sustainable work environment for our tenants. Partnering with ACEN RES to transition to 100% renewable energy is a significant step forward in achieving this goal. We are confident that this initiative will resonate with our environmentally conscious tenants and contribute to the overall sustainability efforts of the Yuchengco Group of Companies.”
ACEN Renewable Energy Solutions (ACEN RES) is the retail electricity supply arm of ACEN, the publicly listed energy platform of the Ayala Group. With a rapidly expanding presence across the Philippines, Australia, Vietnam, India, Indonesia, Lao PDR, and the U.S.A., ACEN is leading the charge in the renewable energy transition. The company currently manages a substantial 4.8 GW of attributable renewable energy capacity, both operational and under construction.
ACEN has five wind farms in the Philippines in operation and under construction, four of which are in Ilocos Norte, including the country’s largest wind project, the 160 MW Pagudpud Wind. With over 400 MW of total gross wind capacity, ACEN has the largest wind portfolio in the country.
With the Philippines as its home and priority market, ACEN is fast-tracking the expansion of its renewable energy portfolio to align with the nation’s decarbonization goals and meet the increasing demand for clean energy. Currently, the company’s domestic assets include 1,850 MW of solar, wind, and geothermal capacity.
ACEN is committed to delivering clean, reliable, and affordable energy across the Asia-Pacific region. The company has set an ambitious target to increase its renewable energy capacity to 20 GW by 2030. As a pioneer in sustainable practices, ACEN is spearheading initiatives for the early retirement of coal plants and has pledged to achieve Net Zero greenhouse gas emissions by 2050.
ADVT.
This article is brought to you by ACEN through Philippine Daily Inquirer.