Latest Updates

29 September 2015 – Ayala and Mitsubishi visited the wind farm of North Luzon Renewable in Pagudpud, Ilocos Norte. The wind farm tour was attended by key executives led by Ayala Corp. Chairman and CEO Jaime Augusto Zobel de Ayala and President and COO Fernando Zobel de Ayala, together with Mitsubishi Corp. Toru Moriyama, Executive…

8 September 2015 – AC Energy entered into partnership with Bronzeoak Clean Energy to develop a solar power plant in Bais City, Negros Oriental. The Project will be owned and operated by Monte Solar Energy Inc. (MonteSol), a special purpose vehicle company, and shall be undertaken in two phases. The first phase is for an 18…

In time for the opening of school, GNPower Kauswagan employee volunteers and contractors helped repair and clean a public elementary school. GNPower Kauswagan Ltd. Co., a limited partnership among AC Energy, the Philippine Investment Alliance for Infrastructure (PINAI) fund, and Power Partners Ltd. Co. Plant is currently being developed and should be operational by 2017.

GNPower Kauswagan Ltd. Co. (GNPK), the joint venture company between AC Energy Holdings, Inc. (AC Energy), the power unit of conglomerate Ayala Corporation, and Power Partners Ltd. Co. (PPLC), engaged Shanghai Electric Power Construction Co. (SEPCC), a subsidiary of Power Construction Corporation of China, for the engineering, procurement and construction (EPC) of a US$1 billion-thermal…

SLTEC achieved Commercial Operations Date last April 24 and formalized the completion of the 1st unit of its 2 x 135-megawatt (MW) Circulating Fluidized Bed (CFB) coal-fired power plant, with an inauguration ceremony attended by key government officials from the province of Batangas and heads of both Ayala and PHINMA. Ayala was led by our…

The North Luzon Renewable Energy Corp. (North Luzon Renewables), a subsidiary of AC Energy Holdings, provided the Municipality of Pagudpud Php3.9 million worth of materials recovery facility (MRF) equipment during the blessing of the Centralized Materials Recovery Facility (CMRF) in Pagudpud last April 23, 2015. The MRF equipment consisted of a bioreactor, styro/plastic shredder, organic…

29 January 2015 – Luzon Renewable Energy Corp. (NLREC), a subsidiary of AC Energy Holdings, Inc., turned over to the Provincial Government of Ilocos Norte P6.2 million worth of health, sanitation, and livelihood assistance which will benefit priority areas and communities of Ilocos Norte. Health and sanitation assistance consisted of assorted medicines and 100 toilet…

GNPower Kauswagan Ltd. Co. (GNPK), the joint venture company between AC Energy Holdings, Inc. (AC Energy), the power unit of conglomerate Ayala Corporation, the Philippine Investment Alliance for Infrastructure (PINAI) fund and Power Partners Ltd. Co. (PPLC) signs the financial closing documents of GNPK’s US$1 billion coal-fired power plant in Kauswagan, Lanao Del Norte.

AC Energy Holdings Inc.’s (AC Energy) wind farms in Bangui and Caparispisan, Ilocos Norte recently received their Feed-in-Tariff Certificate of Compliance or FIT COC from the Energy Regulatory Commission (ERC). This entitles both its 19-MW wind farm expansion in Bangui, under Northwind Power Development Corp. (Northwind), and its 81-MW wind farm in Caparispisan, Pagudpud under…

GNPower Kauswagan Ltd. Co. was one of six power projects granted by the Board of Investors (BOI) tax and fiscal incentives. GNPower Kauswagan is a joint venture company between AC Energy Holdings, Inc. (AC Energy), the power unit of conglomerate Ayala Corporation, and Power Partners Ltd. Co. As the second biggest approved power project by…