Source: BusinessWorld 27 August 2020 – Strong government support, enabling policies, technology improvements, and abundant resources make investing in renewable energy an attractive prospect in the Philippines. For AC Energy, Ayala Corporation’s power generation arm, the Philippines remains to be a core market, and the company reinforces its strong commitment to invest in much needed…
Source: Daily Guardian – 25 August 2020
18 August 2020 – AC Energy Philippines (PSE: ACEN) is set to develop two new solar plants in Central Luzon with an aggregate capacity of up to 150 MW. This will bring ACEN’s total Philippine projects under construction to 480 MW, which includes 330 MW of solar and 150 MW of peaking diesel plants. The…
Source: Manila Bulletin 16 August 2020 – The Ayala group recently scored two “firsts” in the history of the Philippine capital market with the listing of AREIT, Inc., in the Philippine Stock Exchange on August 13 and the BPI CARE Bonds on August 7 at the Philippine Dealing Exchange (PDEX.) The P12.3-billion initial public officering…
Source: Philstar 13 August 2020 – MANILA, Philippines — AC Energy Philippines Inc. reported a P2 billion net profit in the first semester of the year, a turnaround from a net loss last year, as it completed its restructuring program after it acquired Phinma Energy Corp. In a disclosure to the Philippine Stock Exchange yesterday,…
AC Energy Philippines (ACEPH) registered a Php 1.96 billion net income in the first half of the 2020, a significant turnaround from a Php 552 million loss in the same period the prior year. The strong performance was mainly driven by the successful infusion of AC Energy, Inc.’s on-shore assets and recent acquisitions. Last June…
Ayala Corporation’s power generation arm, AC Energy, continues to reap global recognition as it bags the coveted “Green Project of the Year” award for its US$410 million maiden Green Bonds at the recently concluded The Asset Triple A Infrastructure Awards 2020 (ASEAN), which honors key institutions that have contributed to region’s economic growth and development….
Source: BusinessWorld 20 July 2020 – AN AFFILIATE company of Ayala Corp.’s energy arm now owns a material interest in an Australian power firm, which it initially aims to fully take over. UAC Energy Holdings said it received 20% shareholding interests in Infigen Energy Ltd. from the share purchases of its A$0.86-per-share bid, as of…
Source: Inquirer.net 29 July 2020 – AC Energy Philippines Inc. (ACEPH) is infusing as much as P2.2 billion into two of its subsidiaries, Bataan Solar Energy Inc. and Giga Ace 4 Inc., in line with efforts to push renewable energy initiatives. Through this latest move, the Ayala group’s platform for the energy business is following…
Source: PhilStar 21 July 2020 – MANILA, Philippines — AC Energy Inc., the power unit of Ayala Corp., continues to expand overseas with its latest venture in India. AC Energy said it is developing the 140-megawatt Sitara solar plant in India under UPC-AC Energy Solar, its 50-50 joint venture with UPC Solar Asia Pacific. UPC-AC…
End of content
End of content
35F Ayala Triangle Gardens Tower 2
Paseo de Roxas cor. Makati Avenue
Makati 1226 Philippines
Tel: (02) 7730-6300
© Copyright 2024 ACEN. All Rights Reserved | Privacy Policy
contact
To report any illegal act, wrongdoing, malpractice, risk
to the corporation, or any violation of company policy.
whistleblower@acenrenewables.com
*All reports shall be treated in confidence and the identity of the whistleblower will be protected. The whistleblower shall be protected from all forms of retaliation.