HK signing of financing for GNPower Kauswagan

HK Signing of Financing for GNPower Kauswagan

GNPower Kauswagan Ltd. Co. (GNPK), the joint venture company between AC Energy Holdings, Inc. (AC Energy), the power unit of conglomerate Ayala Corporation, the Philippine Investment Alliance for Infrastructure (PINAI) fund and Power Partners Ltd. Co. (PPLC) signs the financial closing documents of GNPK’s US$1 billion coal-fired power plant in Kauswagan, Lanao Del Norte.

AC Energy’s Wind Farms Receive FIT Compliance Certificate

AC Energy’s Wind Farms Receive FIT Compliance Certificate

AC Energy Holdings Inc.’s (AC Energy) wind farms in Bangui and Caparispisan, Ilocos Norte recently received their Feed-in-Tariff Certificate of Compliance or FIT COC from the Energy Regulatory Commission (ERC). This entitles both its 19-MW wind farm expansion in Bangui, under Northwind Power Development Corp. (Northwind), and its 81-MW wind farm in Caparispisan, Pagudpud under…

BOI grants tax incentives to GNPower Kauswagan

BOI Grants Tax Incentives to GNPower Kauswagan

GNPower Kauswagan Ltd. Co. was one of six power projects granted by the Board of Investors (BOI) tax and fiscal incentives. GNPower Kauswagan is a joint venture company between AC Energy Holdings, Inc. (AC Energy), the power unit of conglomerate Ayala Corporation, and Power Partners Ltd. Co. As the second biggest approved power project by…

Ayala to acquire strategic stake in the GNPower Mariveles 600 MW power plant

Ayala to Acquire Strategic Stake in the GNPower Mariveles 600-MW Power Plant

Ayala Corporation announced today that it entered into a sale and purchase agreement to acquire 100% of the interests held by an affiliate of a fund advised by Denham Capital in GNPower Mariveles Coal Plant Ltd. Co. (GMCP). GMCP is the owner of the 2 x 300-MW coal-fired power generating plant in Mariveles, Bataan province….

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