30-31 May 2018 – As part of Ayala group’s #BrigadangAyala2018 program, AC Energy employees, together with their family members and friends, took time to roll-up their sleeves and heed the Education Department’s call for volunteers in this year’s Brigada Eskwela in Manila and in Negros Oriental. Volunteers stuffing school bags with school supplies School supplies…
24 May 2018 – AC Energy President and CEO Eric Francia believes that industry risks must be addressed first in order to achieve full potentials of renewable energy. In a panel discussion at the 2018 Power & Electricity World Philippines, Francia cited some risks, which includes high cost of storage and land conversion issues, that…
MANILA, Philippines — AC Energy Inc., the power business of Ayala Corp., is expanding it overseas reach to Australia with an investment in a renewable energy platform to meet its 5,000 megawatt (MW) capacity target by 2025. The company is investing $30 million to acquire 50 percent of the Australian business of UPC Renewables. It…
11 May 2018 – AC Energy nearly doubled its net profits in the first quarter of the year to ₱593 million, boosted by robust contributions of its Indonesia investment and thermal and renewable platforms. Equity earnings from AC Energy’s investee companies also doubled to ₱822 million led by fresh contribution from Salak and Darajat in…
Driven by fresh equity earnings contribution from its geothermal platform, and boosted by solid contributions from its wind energy assets, AC Energy posted a P3.5 billion net income in 2017, up 31% from the previous year. This double-digit contribution, together with Ayala Land’s 20% growth and strong equity earnings contributions from the other business units,…
2 April 2018, AC Energy inaugurated their new office space on the 4th floor of Ayala 6750 with a ribbon-cutting ceremony attended by Ayala Chairman and CEO Jaime Augusto Zobel de Ayala and AC Energy Chairman Fernando Zobel de Ayala. Alongside this event, AC Energy CEO Eric Francia unveiled AC Energy’s rebrand that reflects the…
Sustainable development programs underway for communities and areas surrounding NLR and NW in Pagupud, Ilocos Norte. Following the efforts of AC Energy and North Luzon Renewables (NLR) in Pagudpud, the company has focused on furthering the development efforts and programs in the surrounding areas of NLR and NorthWind Power (NW). In Caparispisan, the implementation of…
10 March 2018 – The Ayala group has always been geared towards improving lives by ensuring value creation in the environment and communities where it operates. At the forefront is AC Energy with environmental and social initiatives that fully support the development and prosperity of their host communities, with the ultimate goal towards self-actualization and…
21 February 2018 – As a manifestation of the company’s support to youth leadership development, AC Energy employees participated in the 2018 Ayala Young Leaders Congress (AYLC) held in Malvar Batangas. The officers, led by AC Energy President and CEO Eric Francia, sat down with the delegates to listen to their stories and challenges, and…
18 February 2018 – Close to 200 runners composed of business professionals, local government employees, and professional as well as non-professional runners participated in the recently concluded Run with the Wind organized by North Luzon Renewables (NLR) at the NLR Wind Farm and the surrounding barangays of Caparispisan, Caunayan and Balaoi in the municipality of…
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