AYALA CORP. (AC) and its partner commenced the operation of the initial phase of a solar power project that expanded the energy portfolio of the Philippines’ oldest conglomerate beyond wind and coal.
Ayala, through AC Energy Holdings, Inc., and Bronzeoak Clean Energy, Inc. completed their 18megawatt (MW) solar power farm last month, the former told the stock exchange yesterday. The project has been dispatching its entire capacity to the grid since then.
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