AC Energy Retail
In September 2016, the Energy Regulatory Commission granted license to AC Energy to engage in retail electricity supply. With its RES license, AC Energy is authorized to sell electricity to end-users in the contestable market.
AC Energy has committed itself to become a key player in the retail electricity supply market by offering innovative products to end-users in the contestable market (Contestable Customers). Contestable customers are enterprises with high energy consumption. Through AC Energy, contestable customers now have the opportunity to take control of their electricity bills and choose energy suppliers that provide the lowest rates and best customer service.
AC Energy and Infrastructure Corporation is the holding company for Ayala’s energy and infrastructure businesses, and owns majority interest in AC Energy Corporation (PSE: ACEN).
Since 1834, we at Ayala have been the country’s long standing partner in its pursuit for progress and nation building. We have been developing businesses that transform industries, challenging the status quo, and bringing innovations here in the Philippines and abroad that contribute to the nation’s social and economic agenda.
Eric T. Francia
President & CEO, AC Energy
Eric Francia is the President and Chief Executive Officer of AC Energy Corporation (PSE:ACEN). Under his leadership, Ayala established its energy platform from a standing start in 2011, to become one of the largest renewable energy platforms in Southeast Asia, with over 1800MW of attributable renewables capacity.Eric is also a Managing Director and member of the Management Committee of Ayala Corporation since 2009, and was appointed as Chairman of Ayala’s Investment Committee in 2021. He is also a Director of various Ayala group companies including AC Infrastructure, AC Health, AC Ventures, Manila Water and as Chairman and CEO of ACE Enexor.
Eric earned a Master’s Degree in Management Studies at the University of Cambridge in the United Kingdom, graduating with First Class Honors. He received his undergraduate degree in Humanities and Political Economy from the University of Asia & the Pacific, graduating magna cum laude.
Chief Operating Officer, AC Energy International
Chief Operating Officer of AC Energy International. Patrice joined Ayala Corporation in May 2010 as an advisor to the Strategy and Business Development team. He was a founding member of the AC Energy management in 2011 where he led the business development and operations teams. Currently, he is heading AC Energy’s International business, with focus on South East Asia and Australia.
Patrice is a member of the Board of Directors/ Management & Advisory Committee of AC Energy International Projects. Prior to joining Ayala, he was a management consultant with McKinsey & Company in London as well as with Marakon Associates (part of Charles River Associates).
Patrice received his Bachelor’s and Master’s degrees in Manufacturing Engineering from Cambridge University (UK). He also holds a Master of Business Administration degree from Harvard Business School where he graduated with high distinction as Baker Scholar.
Maria Corazon G. Dizon
Chief Finance Officer & Treasurer
Chief Finance Officer and Treasurer of AC Energy. Cora concurrently serves as Treasurer and CFO of AC Energy Corporation, and ACE Enexor, Inc. and as Director of various AC Energy’s subsidiaries. Ms. Dizon is also the Chief Risk Officer of AC Energy Corporation (ACEN).
Cora joined Ayala’s Energy and Infrastructure Group in 2016 after spending 28 years with Ayala Land, Inc., the publicly listed real estate vehicle of Ayala Corporation, where she previously held the positions of Head of ALI Capital Corp., Head of Business Development and Strategic Planning of the Commercial Business Group, Head of Asset Management Group of Shopping Centers, Head of Control and Analysis, Head of Investor Relations as well as Chief Financial Officer of Residential Buildings, Office Buildings and Shopping Centers groups. Prior to joining Ayala Land, she was connected with SGV & Co. for three years.
Cora graduated with a degree in Accountancy from University of Santo Tomas, graduating Cum Laude and is a Certified Public Accountant. She completed the academic units for a Masters Degree in Business Administration from De La Salle University Graduate School of Business, and attended an Executive Management Program at Wharton University of Pennsylvania.
Dodjie D. Lagazo
Head, Legal and Regulatory
Executive Director and Head of AC Energy’s Legal and Regulatory Group. Dodjie holds the following positions in publicly-listed companies: Corporate Secretary of ACE Enexor Inc, Assistant Corporate Secretary of Ayala Corporation and AC Energy Corporation (ACEN).
Previously, Dodjie served as Director and member of AG Counselors Corporation’s Management Committee from January 2014 to July 2017. Prior to joining Ayala, he worked with the law firm of SyCip Salazar Hernandez & Gatmaitan.
Dodjie received his undergraduate degree in Political Science from the University of the Philippines, Diliman, graduating Magna Cum Laude. He then completed his Bachelor of Laws Degree in the College of Law of the University of the Philippines, Diliman, ranked sixth in the graduating class of 2003. He is a member in good standing of the Integrated Bar of the Philippines.
Roman Miguel G. de Jesus
Head, Commercial Operations
Executive Director and Head of AC Energy’s (ACEN) Commercial Operations. The Commercial Operations group manages the capacity of the operating plants of AC Energy Philippines’ including the sale of power to the public through distribution utilities and to contestable customers through its retail supply license. He is also involved in managing the Vietnam portfolio of AC Energy, Inc., having headed up its solar development in the country. He also previously established and ran the retail electricity business of AC Energy, Inc. and managed its portfolio of operating wind assets in the Philippines.
Before joining AC Energy, Miguel practiced law in the firms of Romulo Mabanta Buenaventura Sayoc & delos Angeles and Puyat Jacinto & Santos where he specialized in energy and project finance.
Miguel graduated Cum Laude from the College of Law of the University of Philippines receiving citations for being the Chair of the Philippine Law Journal and its Most Outstanding Law Intern. He also has a Masters and a Bachelor of Arts in Philosophy from the Ateneo de Manila University, where he was an instructor for ten years.
Jose Maria P. Zabaleta
Chief Development Officer
Chief Development Officer of AC Energy, Inc, and Chief Executive Officer of ACE Endevor, the development arm of AC Energy. ACE Endevor currently has over 3,000MW of generation capacity under active development.
Prior to joining AC Energy, Sech was co-founder and Chief Executive Officer of Bronzeoak Philippines, a pioneer and leader in clean technology energy development in the Philippines. Since 2004 and under his leadership, the Bronzeoak Group has been responsible for nearly $1 billion in deployed capital across 16 completed projects with multiple international partners and investors. Among Bronzeoak’s projects were Asia’s first sugarcane to ethanol and power cogeneration plant, the country’s first utility-scale solar power plant, six additional solar plants, and three biomass-fired thermal power plants utilizing agricultural residues. Bronzeoak’s energy businesses were integrated into AC Energy, Inc. in late 2016.
Sech continues as Chief Executive Officer of Bronzeoak’s independent non-energy investments, including AquaTerra Hotels & Resorts Development Corporation and its flagship development, Rosewood Hermana Mayor Resort & Residences.
Sech was born and raised in the Philippines and is a graduate of Ateneo de Manila University with a Master’s degree in Business Administration from the Fuqua School of Business, Duke University, USA. He currently lives in Manila with his wife and three children.
Gabino Ramon G. Mejia
Head, Plant Operations
Executive Director and Head of AC Energy Plant Operations. Gabino is concurrently President & CEO of Northwind Power Development Corporation (NorthWind) and North Luzon Renewable Energy Corp. (NLR), President of Negros Island Solar Power, Inc. (IslaSol) and San Carlos Solar, Inc. (Sacasol), Chairman of Montesol Solar, Inc. and Executive Vice President for GNPower Kauswagan Ltd. Co.
Gabino has worked in Ayala Corporation for more than 25 years. Before his secondment to AC Energy, he was assigned to HCX Technology Partners (formerly HRMall, Inc.) as Business Development Head with a prior role of overseeing the set-up of the HR Outsourcing business of Ayala Corporation and has also served as Project Manager in Ayala Land.
Gabino holds a Masters Degree in Business Administration (MBA) degree from the Asian Institute of Management and has completed his MBA Internship in York University, Schulich School of Business. He obtained his Bachelor of Arts in Philosophy and Letters degree from San Beda College where he graduated with Academic Distinction.
J. Edmond C. Garcia
Senior Vice President, Finance
Senior Vice President for Finance. Jed currently oversees Corporate Finance and Investor Relations at AC Energy, Inc. He is also concurrently the Chief Finance Officer for 2 of AC Energy’s largest thermal plants, under a Joint Venture.
Jed began his career at AC Energy in 2013 as a senior finance executive reporting to its CFO and was seconded to the company’s first thermal plant joint venture, as the CFO during construction.
Prior to AC Energy, Jed had a broad and successful career working at senior level positions at some of the largest global foreign financial institutions, such as Soc-Gen, Citibank, Standard Chartered Bank, including a brief overseas rotation in Toronto, Canada and Boston, Ma., for Sun Life of Canada. His experience includes, stockbroking, investment banking, derivative transactions, Project and Structured Finance, fixed income and equity portfolio investment management, credit analysis, treasury, client account management and financial product development. Throughout his career, he has directly managed in excess of US$500m in investible equity and fixed income funds and has been directly involved in over US$2bln in debt and equity capital raising.
More recently, Jed completed an executive education program for finance at NUS-Chicago Booth, in Singapore. He holds an MS Finance degree from the University of the Philippines, Diliman, College of Business Administration (Virata School of Business).
Irene S. Maranan
Head, Corporate Communications & Sustainability
Vice President and Head of AC Energy’s Corporate Communications and Sustainability Group. Irene leads the overall communications team in protecting and promoting the company’s reputation, oversees public relations and drives the corporate sustainability strategy.
Irene led the development of the company’s brand and its integration with the institutionalization of the organization’s culture. She spearheaded the development of the company’s Environment and Social (E&S) Policy and Management System and led the company’s flagship sustainability program that involves a Conservation Estate in a community within one of the company’s wind farms – a multi-year program with livelihood, environment protection and other sustainability features.
Irene joined the company in January 2015 and was one of the pioneers in Ayala’s Energy and Infrastructure Group.
She holds a Bachelor’s Degree in Mass Communications from St. Scholastica’s College Manila and brings over 20 years of experience in strategic marketing and corporate communications from companies across diverse industries such as Chevron, Globe Telecom and real estate companies, prior to joining Ayala.