A.T. Yuchengco Centre switches to 100% renewable energy with Ayala's ACEN RES

14 August 2024 – 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 ACEN Renewable Energy Solutions (ACEN RES) of the Ayala group.

ACEN RES, the retail electricity arm of ACEN Corporation, an Ayala company, powers A.T. Yuchengco Centre with renewable and sustainable energy sourced from ACEN’s diverse portfolio of solar, wind, and geothermal plants. 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.

The 34-storey building, boasting 25 office floors ideal for BPO companies, along with retail and commercial spaces, now operates on renewable energy, contributing to a greener and more sustainable work environment for its occupants.

Eric Francia, President and CEO of ACEN, said: “We are delighted to partner with A.T. Yuchengco Centre in their journey towards sustainability. This collaboration showcases the growing demand for renewable energy solutions in the Philippines, particularly within the thriving commercial real estate sector. ACEN RES is committed to empowering businesses like A.T. Yuchengco Centre to achieve their sustainability goals and contribute to a cleaner and more resilient future.”

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.”

ABOUT ATYC, INC.

ATYC, Inc. is a wholly-owned subsidiary of House of Investments, Inc. and was used as the vehicle for the acquisition of the A.T. Yuchengco Centre from Rizal Commercial Banking Corporation in 2022. A.T. Yuchengco Centre is a 34-storey building located in BGC.

House of Investments, Inc. (HI) was incorporated in 1959 as an investment bank, the first of such to be organized in the Philippines. Through the years, the Company evolved into an investment holding and management company with a diversified portfolio and became one of the four major flagship corporations of the Yuchengco Group of Companies (YGC).

House of Investments undertook a portfolio realignment with a bias for recurring income and growth in 2023. As a result, the core business focus of HI is organized into four segments, namely: Financial Services, Property and Property Services, Education and Automotive. HI’s portfolio investments are in Energy, Healthcare, Deathcare, and Construction.

ABOUT ACEN RES

ACEN Renewable Energy Solutions (ACEN RES) is the supply retail arm of ACEN, an Ayala company aspiring to be the largest listed renewable energy platform in Southeast Asia.

ACEN is the listed energy platform of the Ayala Group with a fast-growing presence in the Philippines, Australia, Vietnam, India, Indonesia, Lao PDR, and the U.S.A. With about 4.8 GW of attributable renewables capacity in operation and under construction, as well as signed agreements and won competitive tenders worth over 1 GW, the company has already effectively surpassed its original goal of reaching 5 GW of renewables by 2025.

ACEN aims to provide clean, reliable, and affordable energy in the Asia Pacific and grow its renewables capacity to 20 GW by 2030. The company is committed to achieving 100% renewable energy in its generation portfolio by 2025 and becoming a Net Zero greenhouse gas emissions company by 2050.

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