AC Energy

Ayala Seeks More Greenfield Projects in PH, Asean

“Ayala has been actively scouting for business opportunities in “attractive” markets in Southeast Asia, especially in Indonesia. Earlier this month, AC announced its power arm AC Energy Holdings Inc. struck a deal with UPC Renewables Indonesia Ltd. to develop, construct, and operate a 75-megawatt (MW) wind farm project in Sidrap, South Sulawesi, Indonesia.” Read full…

AC Energy

Ayala Corp. Unit Secures Additional Funding for Coal-fired Power Plant

A UNIT of Ayala Corp. has closed a deal to secure additional funding to build the fourth unit of its 540-megawatt (MW) coal-fired power plant in Mindanao, the holding company told the stock exchange on Monday. In a disclosure, Ayala Corp. said its wholly owned subsidiary AC Energy Holdings, Inc. had achieved financial closure for…

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