MANILA, Philippines — Ayala Corp., the country’s oldest conglomerate, is bent on aggressively growing its renewable energy portfolio to become an even bigger RE player in the country and beyond, its president and COO Fernando Zobel de Ayala told The STAR. In an email interview, Zobel said the company’s renewable energy investments have been growing fast. Thus, the…
AC ENERGY, Inc. is close to reaching an equal share of renewables and thermal energy capacity in its portfolio among its operating plants as of 2018, its top official said. “You’d be surprised. We’re close to 50-50. Very close. I’m talking about actual electrons being produced. It doesn’t include projects under construction,” AC Energy Chief…
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,…
15 October 2018 – AC Energy Inc., a wholly-owned subsidiary of Philippine-listed conglomerate Ayala Corp, has entered into an engineering, procurement and construction (EPC) contract with AMI Renewables Energy Joint Stock Co for the development of two solar plants in Vietnam. According to a disclosure to the Philippines Stock Exchange, the solar plants will be…
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…
MANILA, Sept 27 (Reuters) – Aboitiz Power Corp, one of the Philippines’ biggest electricity producers, has struck a deal to pay $579 million for a stake in Ayala Corp’s thermal energy platform, the two companies said on Thursday. This is the sixth-largest domestic merger-and-acquisition deal, and the fourth biggest in the local energy sector, over…
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…
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