# ACEN sells stakes in three diesel plants to ACEIC

ACEN Corp. approved the sale of its ownership interests in three special purpose companies owning diesel plants (Bulacan Power Generation Corp., One Subic Power Generation Corp., and CIP II Power Corp.) to AC Energy and Infrastructure Corp. (ACEIC). The divestment is part of ACEN's plan to become a 100% renewable energy company by end-2025.

- Type: Acquisition
- Announced: 2025-06-17
- Where: Philippines (Norzagaray, Bulacan; Subic Freeport; Bacnotan, La Union), Philippines
- Status: announced
- Capacity: 52 MW, 116 MW, 21 MW
- Products: diesel power generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [ACEN Corp.](https://endata.com/companies/85402.md)
- [AC Energy and Infrastructure Corp.](https://endata.com/companies/85403.md) (acquirer)
- [Bulacan Power Generation Corp.](https://endata.com/companies/85404.md) (target)
- [One Subic Power Generation Corp.](https://endata.com/companies/85405.md) (target)
- [CIP II Power Corp.](https://endata.com/companies/85406.md) (target)

## Sources

- [manilastandard.net](https://manilastandard.net/business/314604469/acen-sells-stakes-in-3-diesel-plants-to-aceic.html), 2025-06-17: "The divestment will help the company achieve its goal of reaching 100 percent renewable energy generation by end 2025."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.