St. Francis Shangri-La Place Switches to Renewable Energy in Pact with ACEN RES

This article was initially featured on Business News Asia on May 19, 2025.

The St. Francis Shangri-La Place, a landmark residential tower in Ortigas developed by Shang Properties, has transitioned its common area power supply to 100% renewable energy through a partnership with ACEN Renewable Energy Solutions (ACEN RES), the retail electricity arm of Ayala’s ACEN Corp.

The shift marks a major sustainability milestone for the twin-tower luxury development and aligns with the Philippines’ growing push toward renewable energy adoption.

The transition will offset an estimated 2,200 tons of CO₂ annually—the equivalent of emissions from a gasoline car traveling nearly 8.8 million kilometers or the amount of CO₂ absorbed by over 100,000 mature trees in a year.

ACEN RES will power the property using electricity from its portfolio of solar, wind, and geothermal facilities. The deal was enabled by the Green Energy Option Program (GEOP), a government initiative that allows qualified electricity consumers to select renewable energy providers.

“We are proud to partner with ACEN RES in this important initiative,” said Joseph Salting, head of property management at Shang Property Management Services. “This transition reflects our commitment to sustainable living for our residents.”

ACEN Vice President for Legal John Henry Liquete said, “This collaboration shows how premium developments can lead by example in embracing clean energy and driving the country’s energy transition.”

The move reflects a growing trend among commercial and residential developers in the Philippines to pursue lower emissions and energy efficiency while tapping into cost savings from renewables.

ACEN, one of Asia Pacific’s fastest-growing clean energy firms, is targeting 100% renewable energy generation by 2025 and Net Zero emissions by 2050. Its Philippine portfolio represents 35% of its ~7 GW in renewable capacity across the region.