|
ACEN Australia, ACEN’s wholly-owned subsidiary, has secured access rights to the Central West-Orana Renewable Energy Zone (CWO REZ) for three of its major projects in New South Wales, marking a significant step in the strategic growth and diversification of the company’s Australian portfolio. ACEN Australia’s 920 MW Valley of the Winds, 600 MWac (780 MWdc) Birriwa Solar and 600 MW/2hr Birriwa BESS projects have secured the right to connect to the new CWO REZ transmission infrastructure assets being delivered by ACE-REZ on behalf of the New South Wales Government following a competitive tender process.
The Birriwa Solar and BESS projects were approved by the New South Wales Department of Planning in August 2024, and the Valley of the Winds project is in the final stage of the development planning review process. The CWO REZ access announcement comes after ACEN Australia successfully closed AUD 750 million in portfolio debt refinancing last month, establishing a robust independent regional funding platform. ACEN Australia Managing Director David Pollington said the access rights milestone highlights the diversity of the company’s development portfolio and reinforces its capacity to deliver the quality projects that drive regional economic growth and strengthen Australia’s energy resilience and security. “Securing access rights for these high-value projects reflects our disciplined, responsible approach to development and strengthens ACEN Australia’s position as a trusted partner in our nation’s clean economy,” Mr Pollington said. “This is a strong vote of confidence in ACEN Australia’s capability to realise the full value of these projects for all stakeholders, and reinforces our long-term commitment to regional investment, job creation and responsible project development across New South Wales and beyond.” ACEN, the Ayala group’s listed energy platform, is one of the fastest-growing renewable energy platforms in Asia Pacific, with the Philippines as its core and largest market, accounting for 35% of its capacity. It also has a significant presence in Australia, Vietnam, India, and Lao PDR, along with strategic investments in Indonesia and other markets. The company currently has ~7 GW of attributable renewable energy capacity spanning projects in operation, under construction and with signed agreements. As a developer, builder, and operator, ACEN leverages its agility and collaborative approach to accelerate the energy transition. Committed to unlocking access to clean, reliable, and affordable renewable energy, the company is on track to achieve 100% renewable energy generation by 2025 and reach Net Zero greenhouse gas emissions by 2050—turning bold ambitions into real impact for businesses, communities, and indigenous groups. |
PLACE YOUR ADS HERE Join and Subscribe to my Newsletter. It's FREE! ABOUT THE
BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
All
Archives
October 2025
|