Ayala Corporation’s power generation arm, AC Energy, continues to reap global recognition as it bags the coveted “Green Project of the Year” award for its US$410 million maiden Green Bonds at the recently concluded The Asset Triple A Infrastructure Awards 2020 (ASEAN), which honors key institutions that have contributed to region’s economic growth and development….
A Hawksbill sea turtle classified as endangered was released in Ayoyo Cove in Pagudpud after being accidentally caught in the net of local fishermen on Tuesday night. Lead fisherman Jimmy Villa, Sr. reported their unintended catch to North Luzon Renewables and to the barangay officials of Caparispisan. Proper documentation, tagging, and the subsequent release of…
The COVID-19 pandemic continues to create a public health and economic crisis of unprecedented scale globally, and AC Energy, together with the Ayala Group, has launched a series of social investment and support initiatives to mitigate the impact of the community quarantine, especially for the daily wage earners and the no-work-no-pay workforce or those who…
AC ENERGY ASM SPEECH2020 ANNUAL STOCKHOLDERS’ MEETINGMESSAGE FROM THE CHAIRMAN FERNANDO ZOBEL DE AYALA20 APRIL 2020 Fellow shareholders, colleagues in the Board and management, ladies and gentlemen, good morning to all of you. As many of you know, our independent director Mr. Jesus “Chito” Francisco recently passed away. It is important that we honor his…
AC ENERGY ASM SPEECH 2020 ANNUAL STOCKHOLDERS’ MEETING MESSAGE FROM THE PRESIDENT JOHN ERIC T. FRANCIA 20 APRIL 2020 Fellow shareholders, colleagues from board and management, ladies and gentlemen. Good morning. It has just been under a year since your new board and management assumed leadership roles in your Company, though we spared no time to…
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…
AC Energy recently celebrated the integration of PHINMA Energy, now AC Energy Philippines, with a brand launch and welcome party held last September 24. The annex office at the 22nd floor was also officially opened with a blessing on the same day. Excited employees garbed in “AC Energy-blue” colors gathered around the “Melting Pot” to…
AC Energy Philippines won best bids at Meralco’s Competitive Selection Process (CSP) held September 9 and 11. The company was awarded supply agreements for 200 MW baseload and 110 MW mid-merit of Meralco’s supply demand for 10 and 5 years respectively. “We now have 310 MW of contracted capacity at a solid price — a…
Ayala Group’s power generation unit, AC Energy, is gearing up to turnaround and transform its newly acquired unit, PHINMA Energy “We are now in the process of combining the assets and capabilities of AC Energy and PHINMA Energy to form a stronger and more agile energy platform,” said president and CEO John Eric T. Francia at…
Ayala Corporation posted P37.8 billion as its first half net profit, more than double that of H1 2018’s P16.1 billion. The growth was driven by its banking, telecommunication and real estate units, all of which reported better performance for the first half of 2019, combined with gains from AC Education’s merger with iPeople, and partial…
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