Latest Updates

12 April 2019 – AC Energy, the energy platform of Ayala Corporation, has received approval from the Philippine Competition Commission (PCC) for its acquisition of PHINMA Inc.’s and PHINMA Corporation’s (collectively, “PHINMA”) combined 51.48% stake in PHINMA Energy Corporation (“PHEN”). AC Energy will acquire PHINMA’s stake via a purchase of secondary shares for approximately PhP3.42…

8 January 2019 – AC Energy, Ayala’s energy platform, and PHINMA today inked a mutually strategic agreement in relation to AC Energy’s investment in PHINMA Energy Corporation (“PHEN”). AC Energy will acquire PHINMA’s combined 51.48% stake in PHEN via a secondary share sale for approximately P3.42bn. This is based on the valuation date of December…

24 October 2018 – The Ayala Group’s commitment to creating shared value and making a positive impact on society is at the forefront of its business strategy and operations. This is demonstrated in many ways, one of which is disaster risk reduction, a measure that bridges the areas of relief, recovery, and sustainability. AC Energy,…

10 October 2018 – Plastmann Industrial Corporation signed a retail power supply agreement with AC Energy, a wholly owned subsidiary of Ayala Corporation. The power supply agreement provides energy savings solutions and dependable power, which will benefit Plastmann Industrial and its customers. AC Energy will supply 1.7 MW of electricity, part of which is from renewable sources. = Plastmann Industrial Corporation is a manufacturer…

AC Energy-managed Negros Island Solar Power, Inc. (Islasol) recently received the Silver Seal of Good Environmental Governance Award from the Provincial Environment Management Office (PEMO) of Negros Occidental. The Seal of Good Environmental Governance is given to local government units, schools, organizations, and individuals who have been involved in remarkable practices on environmental conservation and…

27 July 2018 – As part of its value-added services to its clients, AC Energy Retail conducted the first leg of its series customer training programs on July 27, 2018, at the AC Energy headquarters in Makati City. The training, which was attended by participants representing the client-companies scheduled for the first batch, tackled the Fundamentals…

26 June 2018 | Pagudpud, Ilocos Norte – As part of the group’s Brigada Eskwela initiatives in its partner communities, AC Energy and North Luzon Renewables reached out to the students of its supported schools in Pagudpud, Ilocos Norte. The group, headed by AC Energy AVP for Corporate Marketing & Sustainability Irene Maranan and NLR…

AC Energy and NLR’s agro-forestry project is gaining ground with the creation a 4.5-hectare model farm within NLR’s wind farm facility in Pagudpud, Ilocos Norte. Mushroom houseA little over four months from kick-off, forest workers have already started growing fruit-bearing and forest tree seedlings inside the model farm. The start of the rainy season also…

30-31 May 2018 – As part of Ayala group’s #BrigadangAyala2018 program, AC Energy employees, together with their family members and friends, took time to roll-up their sleeves and heed the Education Department’s call for volunteers in this year’s Brigada Eskwela in Manila and in Negros Oriental. Volunteers stuffing school bags with school supplies School supplies…

24 May 2018 – AC Energy President and CEO Eric Francia believes that industry risks must be addressed first in order to achieve full potentials of renewable energy. In a panel discussion at the 2018 Power & Electricity World Philippines, Francia cited some risks, which includes high cost of storage and land conversion issues, that…