AC Energy Corporation

Unverified
Country
PH
Sector
Solar Wind Geothermal
Website
www.climatebonds.net
4 Impact Reports
2 Second Party Opinions
1 Certification
1 Framework
XFID Type Title Year Source Retrieved
XF-Y45AJ7O-I Second Party Opinion ISS ESG Second Party Opinion — AC Energy 2022 spowidget.iss-corporate.com 20 Mar 2026
XF-1CICEF7-E Impact Report GREEN BOND ALLOCATION & IMPACT REPORT SEPTEMBER 2024 2024 www.acea.it 16 Mar 2026
XF-65YM57C-L Impact Report GREEN BOND ALLOCATION & IMPACT REPORT JANUARY 2024 2024 www.acea.it 16 Mar 2026
XF-M79LSKS-H Impact Report GREEN BOND ALLOCATION & IMPACT REPORT 2025 2025 www.acea.it 16 Mar 2026
XF-ZTD78N3-S Impact Report GREEN BOND ALLOCATION & IMPACT REPORT MARCH 2022 2022 www.acea.it 16 Mar 2026
XF-XCDNHU5-4 Certification AC Energy — UoP Verifier Report (Solar Wind Geothermal) 2019 www.climatebonds.net 13 Mar 2026
XF-NMZOU8D-J Second Party Opinion AC Energy Green Bond Framework Second-Party Opinion 2019 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-Q8OHC5T-R Framework AC Energy Green Bond Framework Second-Party Opinion (2021) 2021 online.pubhtml5.com 21 Feb 2026

XF Company Profile

Extra-financial information found across 8 documents in the XframeworkID registry

NACE D Electricity, Gas & Steam Supply

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
AC Energy Corporation, Philippines FRAMEWORK 2021 2021
Issuer sector/industry classification
Electricity, Gas & Steam Supply
Issuer type
Utility FRAMEWORK 2021 2021

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, August 18, 2021 FRAMEWORK 2021 2021
SPO assessment scope and methodology
Evaluation of alignment with Green Bond Principles 2021 core components and renewable energy category eligibility FRAMEWORK 2021 2021
SPO preliminary evaluation or credibility rating
Credible and impactful FRAMEWORK 2021 2021
Assurance provider name and engagement period
Sustainalytics, January 2019 CERTIFICATION 2019 2019
Assurance scope
Pre-issuance verification of wind, solar, and geothermal energy projects against Climate Bonds Standard criteria CERTIFICATION 2019 2019

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 FRAMEWORK 2021 2021
Alignment with UN Sustainable Development Goals
SDG 7 - Affordable and Clean Energy FRAMEWORK 2021 2021
Alignment with Climate Bonds Standard
Climate Bonds Standard - Wind Energy, Solar Energy, and Geothermal Energy criteria CERTIFICATION 2019 2019

Green / Sustainable Finance Framework

Bond types covered under framework
Green Bond FRAMEWORK 2021 2021
Sustainable bond framework name and version
AC Energy Green Bond Framework FRAMEWORK 2021 2021
Eligible use-of-proceeds categories
Renewable Energy (solar, wind onshore and offshore, geothermal) SPO 2019 2019
Project evaluation and selection process description
Joint collaboration of representatives from AC Energy's Business Development, Finance and Sustainability Teams; Board of Directors and Senior Management responsible for validation and approval of shortlisted projects; AC Energy Group's Environmental and Social Policy applicable to all allocation decisions FRAMEWORK 2021 2021
Management of proceeds approach
Proceeds registered separately and tracked internally through AC Energy's information systems; unallocated proceeds invested in cash or cash equivalents FRAMEWORK 2021 2021
Temporary investment of unallocated proceeds
Cash or cash equivalents FRAMEWORK 2021 2021
Reporting commitments under framework
Annual Green Bond Allocation & Impact Reports with allocation tracking and impact metrics IMPACT 2022 2022
Refinanced vs. newly financed project distinction
Framework distinguishes between refinancing and new financing of eligible projects IMPACT 2024 2024

Changes Over Time

Items where disclosed information changed across documents.

Alignment with ICMA Green Bond Principles
2019 Aligned with four core components of Green Bond Principles 2018
2021 Aligns with Green Bond Principles 2021 four core components
2022 Harmonized Framework for Impact Reporting (HFIR), June 2021, administered by International Capital Market Association (ICMA)
Eligible use-of-proceeds categories
2019 Renewable Energy Projects (solar, wind, geothermal)
2021 Renewable Energy
2022 Water management, energy efficiency, renewable energy, electric mobility, waste treatment, environmental remediation
2024 Water losses reduction; Water system resilience; Energy efficiency in electricity distribution; Electricity distribution network resilience; Electric mobility; Fleet emissions reduction; Electricity meter substitution; Water purification efficiency; Biomethane production; Renewable energy from composting; Waste treatment capacity; Smart grid technology; Photovoltaic energy production
Project evaluation and selection process description
2019 Joint collaboration of Business Development, Finance and Sustainability Teams with Board of Directors and Senior Management responsible for validation and approval
2021 Joint collaboration of AC Energy's Business Development, Finance and Sustainability Teams; validation and approval by Board of Directors and Senior Management; assessment against AC Energy Group's Environmental and Social Policy
Management of proceeds approach
2019 Proceeds tracked internally through information systems; unallocated proceeds invested in cash equivalents or used to repay existing credit obligations
2021 Separate registration and internal tracking through AC Energy's information systems; unallocated proceeds invested in cash or cash equivalents
Temporary investment of unallocated proceeds
2019 Cash or cash equivalents or used to repay existing credit obligations according to internal liquidity management policies
2021 Cash or cash equivalents
Reporting commitments under framework
2019 Annual allocation report with list of Eligible Green Projects, allocated amounts, remaining balance, and impact report with KPIs on best effort basis
2022 Allocation and Impact Reporting for Green Bond proceeds
2024 Annual allocation and impact reporting with KPI tracking
Second Party Opinion (SPO) provider name and assessment date
2021 Sustainalytics, August 18, 2021
2022 Institutional Shareholder Services (ISS), April 2022
Par or principal amount of bond and currency
2022 Euro 900 million total (Euro 300 million + Euro 600 million)
2024 900 million EUR
Bond issuance date
2022 January 28, 2021
2024 2021
Refinanced vs. newly financed project distinction
2022 Both refinancing and unallocated proceeds addressed
2024 Both refinancing and financing of eligible projects covered