•Federal Land transitions four flagship residential developments in Met Park, Pasay City to 100% renewable energy through a multi-year agreement with ACEN RES •The participating developments include Six Senses Residences, Mi Casa, Palm Beach Villas, and Palm Beach West •The transition is enabled through the government's Green Energy Option Program (GEOP) and Retail Aggregation Program (RAP), supporting more sustainable and future-ready communities
03 July 2026 — Federal Land Inc., a premier real estate developer in the Philippines, has achieved a new sustainability milestone by transitioning four of its signature residential developments within the Met Park community in Pasay City to 100% renewable energy. Through a multi-year agreement with ACEN Renewable Energy Solutions (ACEN RES), the retail electricity arm of the Ayala group, Federal Land will source renewable energy for four of its move-in-ready, resort-inspired residential developments: Six Senses Residences, Mi Casa, Palm Beach Villas, and Palm Beach West.
The transition is facilitated through the government's Green Energy Option Program (GEOP) and the Retail Aggregation Program (RAP), which empower electricity consumers to choose renewable energy sources and support the country's broader energy transition goals. GEOP enables electricity end-users with a minimum monthly demand of 100 kilowatts to source power exclusively from renewable energy suppliers such as ACEN RES. Meanwhile, the Retail Aggregation Program adopts a "strength in numbers" approach, allowing multiple facilities to aggregate their electricity demand and qualify for renewable energy sourcing.
"This partnership with Federal Land demonstrates how renewable energy can be integrated into large-scale residential developments," said Tony Valdez, ACEN Senior Vice President for Market Transformation and Retail. "By transitioning these properties to our renewable energy portfolio, we are helping Federal Land enhance the long-term value and resilience of its developments while advancing its sustainability ambitions. This collaboration also highlights our ability to deliver tailored energy solutions for the real estate sector.”
The transition was made possible through the collaboration of Federal Property Management Corporation (FPMC), the property management arm of Federal Land, and the condominium corporations of the participating developments.
By integrating renewable energy into its residential portfolio, Federal Land is strengthening the long-term value of its developments through greater energy resilience, reduced exposure to electricity market volatility, and a more sustainable, future-ready living environment for its residents.
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About ACEN RES
ACEN RES is the retail electricity unit of ACEN, the Ayala group’s listed energy company and one of the fastest-growing renewable energy companies in Asia Pacific, with the Philippines as its core and largest market. 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 over 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. The company has 100% renewable energy generation and aims to achieve Net Zero greenhouse gas emissions by 2050—turning bold ambitions into real impact for businesses, communities, and indigenous groups.
For inquiries and more information, please contact:
Irene Maranan Head – Corporate Communications and Sustainability Email: irene.maranan@acenrenewables.com
DISCLAIMER: This disclosure may contain forward-looking statements that are subject to risk factors and opportunities that may affect ACEN’s plans to complete the transaction/s subject of this disclosure. Each forward-looking statement is made only as of the date of this disclosure. Outcomes of the subject transaction may differ materially from those expressed in the forward-looking statements included in this disclosure. |