AYALA CORP. is beefing up its war chest this year to support the growth of its core and new businesses after net profit in 2015 breached the P20-billion mark a year ahead of target, as its diversification to power generation started to bear fruit. The Philippines’ oldest conglomerate is setting aside P174 billion in combined…
Supply demand, energy mix, competitive dynamics and supply chain were the 4-key points highlighted by AC Energy President and CEO John Eric T. Francia during the recently concluded Energy Policy and Development Program conference held at the New World Hotel Makati last Jan 12-13, 2016. Mr. Francia said that “the supply situation in the country…
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…
SOUTH Luzon Thermal Energy Corp. started the commercial operation of the second 135megawatt unit of a coalfired power plant in Calaca, Batangas, doubling the capacity of the project and providing additional power to the Luzon grid. South Luzon Thermal, a joint venture between TransAsia Oil and Energy Development Corp. of the Phinma Group and AC…
29 September 2015 – Ayala and Mitsubishi visited the wind farm of North Luzon Renewable in Pagudpud, Ilocos Norte. The wind farm tour was attended by key executives led by Ayala Corp. Chairman and CEO Jaime Augusto Zobel de Ayala and President and COO Fernando Zobel de Ayala, together with Mitsubishi Corp. Toru Moriyama, Executive…
8 September 2015 – AC Energy entered into partnership with Bronzeoak Clean Energy to develop a solar power plant in Bais City, Negros Oriental. The Project will be owned and operated by Monte Solar Energy Inc. (MonteSol), a special purpose vehicle company, and shall be undertaken in two phases. The first phase is for an 18…
AC Energy Holdings Inc., the energy arm of Ayala Corp., is on track to meet its 1,000 megawatts (MW) attributable capacity target as it is set to go “full blast” with the development of its various power projects. John Eric Francia, AC Energy President and CEO said they are confident that the 1,000 MW target…
A subsidiary unit of Philippines-based Ayala, AC Energy, has started developing a $1bn coal-fired power plant in the south of the country. The project is in-line with the firm’s strategy to grow its power generation portfolio to 1GW; however, the firm is being careful about its expansion plans for energy developments, and is taking into…
In the Philippines, the private sector is joining with the government and ADB to co-fund a wind farm in the northern part of the country, showing how pooled resources can effectively finance climate-smart energy projects. Watch video
THE JOINT VENTURE (JV) between Ayala Corp. and Trans-Asia Oil and Energy Development Corp. expects to complete the second of two units of its 270-megawatt (MW) coal facility by the end of the year, one of the parent firms said in a statement over the weekend. South Luzon Thermal Energy Corp. (SLTEC) has formally inaugurated…
End of content
End of content
35F Ayala Triangle Gardens Tower 2
Paseo de Roxas cor. Makati Avenue
Makati 1226 Philippines
Tel: +(632) 7-730-6300
© Copyright 2024 ACEN. All Rights Reserved | Privacy Policy
contact
To report any illegal act, wrongdoing, malpractice, risk
to the corporation, or any violation of company policy.
whistleblower@acenrenewables.com
*All reports shall be treated in confidence and the identity of the whistleblower will be protected. The whistleblower shall be protected from all forms of retaliation.