Source: Manila Standard 26 July 2020 – Ingrid Power Holdings Inc., a unit of AC Energy Inc., is seeking an approval from the Energy Regulatory Commission to develop P566-million worth of dedicated point-to-point limited facilities to connect its 300-megawatt diesel power plant in Rizal province to the 230-kilovolt Malaya substation of National Grid Corp. of…
Source: PhilStar 21 July 2020 – MANILA, Philippines — AC Energy Inc., the power unit of Ayala Corp., continues to expand overseas with its latest venture in India. AC Energy said it is developing the 140-megawatt Sitara solar plant in India under UPC-AC Energy Solar, its 50-50 joint venture with UPC Solar Asia Pacific. UPC-AC…
Source: Manila Times 18 July 2020 – AC Energy Inc. is on a roll in expanding its renewable footprint as the Ayala Group’s power generation arm is constructing a wind farm in Vietnam with local partner AMI Renewables Energy Joint Stock Co. In a statement on Thursday, AC Energy said the Quang Binh Wind Farm,…
Source: Philstar 3 July 2020 – MANILA, Philippines — AC Energy Inc. has topped up its senior green bonds with a fresh issuance of $60 million via private placement to fund renewable energy expansion in the region. The bonds have a term of five years due 2024. This brought the total green bond issuance to…
Source: PhilStar 26 June 2020 – MANILA, Philippines — AC Energy Inc. is fast-tracking the construction of a mega solar farm in Australia after securing a deal to connect the project to the grid. The company’s joint venture with UPC Renewables, UPCAC Renewables Australia, signed the connection agreement with TransGrid for the connection arrangements for…
Source: Business Mirror The insurance industry is one of the leading investors in green bonds in the country. Climate change challenge 17 June 2020 – Climate change is the great challenge of our time. The Philippines is vulnerable to this challenge with numerous typhoons devastating the country every year. The cost to our economy is…
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…
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