AC Energy President & CEO John Eric Francia on sustainability
AC Energy President & CEO Eric Francia on sustainability | View video
Largest Wind Turbines in Asia to power Vietnam
The Blue Circle and AC Energy have ordered the first GE 5MW-158 from General Electric (GE) for the second phase of the Mui Ne project in South Vietnam Singapore The Blue Circle and its partner AC Energy, the power generation arm of Philippine conglomerate Ayala Corporation, have signed Asia’s first Notice to Proceed with General…
Ayala consolidates domestic, foreign energy businesses
Source: Inquirer.net 20 March 2020 – AC Energy Inc., the Ayala group’s power generation platform, is consolidating its overseas and domestic businesses by ramping up stake in AC Energy Philippines Inc. (ACEPH) to 85 percent. The Ayala group took over management of ACEPH in September 2019 by mustering an interest of 66.34 percent in the…
Ayala energy unit to ramp up overseas expansion
Source: BusinessWorld 9 December 2019 – AYALA-LED AC Energy, Inc. is setting aside the bulk of the $1.5 billion shored up from recent capital-raising activities for projects in the Philippines, Australia and Vietnam, while looking at India and Myanmar as new markets, its top official said. Eric T. Francia, AC Energy president and chief executive…
AC Energy working on 550 MW of power projects starting 2020
Source: Business Mirror 6 December 2019 – AC Energy Philippines Inc. , formerly Phinma Energy Corp., is all set to undertake 550 megawatts (MW) of power projects in the country starting next year, its top official said. Company President Eric Francia identified three projects with a combined capacity of 330 MW that are up for…
Ayala energy unit jacks up stake in 2 solar power firms
Source: Philippine Daily Inquirer 4 December 2019 – AC Energy Philippines has firmed up a deal to increase its interests in Negros Island Solar Power Inc. (Islasol) and San Carlos Solar Energy Inc. (Sacasol) through deals with a combined tag of about P3.9 billion. Aceph said in regulatory filings that it had signed share purchase…
AC Energy raises $400 million from green bond issue
Source: Business World 28 November 2019 – AYALA-LED AC Energy, Inc. has valued its senior perpetual fixed-for-life green bond issuance at $400 million with a fixed coupon of 5.65% with no step-up and no reset, its listed unit said on Wednesday. “This represents the first US dollar denominated fixed-for-life green bond ever issued globally,” AC…
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