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…
Source: Business Mirror 21 April 2020 – AC Energy Philippines (ACEPH), the power arm of conglomerate Ayala Corp., is expected to post profit this year despite the low demand for power caused by the coronavirus disease 2019 (Covid-19) pandemic. From a net loss of P417 million in 2019, ACEPH President Eric Francia said during the…
Source: Bloomberg 20 April 2020 – Ayala Corp., the Philippines’ oldest conglomerate, aims to fully divest from coal by 2030, a rare rebuke of the fuel in a region where its use is expected to grow. Ayala’s power-generation unit, AC Energy Philippines Inc., will also boost investments in renewable generation as it transitions to a low-carbon…
AC Energy President & CEO Eric Francia on sustainability | View video
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…
Source: Inquirer.net 20 March 2020 – AC Energy Inc., the Ayala group’s power generation platform, is consolidating its overseas and domestic businesses by ramping up stake in AC Energy Philippines Inc. (ACEPH) to 85 percent. The Ayala group took over management of ACEPH in September 2019 by mustering an interest of 66.34 percent in the…
Source: BusinessWorld 9 December 2019 – AYALA-LED AC Energy, Inc. is setting aside the bulk of the $1.5 billion shored up from recent capital-raising activities for projects in the Philippines, Australia and Vietnam, while looking at India and Myanmar as new markets, its top official said. Eric T. Francia, AC Energy president and chief executive…
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