Asian Development Bank Switches to Ayala Group’s ACEN Renewable Energy Solutions for 100% Renewable Energy Supply

In order to power its Mandaluyong headquarters entirely with renewable energy, the Asian Development Bank (ADB) and the Ayala Group's ACEN Renewable Energy Solutions (ACEN RES) have inked a historic agreement.

As per the terms of the agreement, ACEN RES will use renewable energy from ACEN's portfolio of renewable energy sources, including wind and solar, to power ADB's facilities. This action is in line with the development bank's efforts to advance environmental responsibility and sustainability.

“As Asia and the Pacific’s climate bank, ADB is committed to lowering its carbon footprint. This includes sourcing electricity from renewable energy sources such as solar and wind,” said ADB vice-president for administration and corporate management Bruce Gosper.
 
“Despite the size of ADB headquarters, we have managed to consume less energy than other buildings with the same size and occupancy levels. As part of our sustainability efforts, we have continued to source electricity from renewable sources since 2014. We’ve also done what we can to consume less in areas of water and paper while producing less waste,” said ADB director general for corporate services Lakshmi Menon.
 
“We at ACEN are excited to expand our collaboration with the Asian Development Bank. ADB has been instrumental in driving the growth of our renewable energy portfolio in the Philippines and around the region through sustainable financing. I’m delighted to see the partnership being extended to the supply of clean energy to ADB’s headquarters, thereby strengthening our collaboration,” said ACEN president and CEO Eric Francia.
 
To recognize ADB’s commitment to renewable energy, ACEN RES awarded the development bank its ‘Powered by Renewable Energy’ seal. The badge is typically given to ACEN RES customers who choose a 100% renewable energy supply.