AC Energy Philippines Senior Leadership Team

Ayala Group sets Sustainability Blueprint

Ayala Corporation held its very first Integrated Corporate Governance, Risk Management and Sustainability Summit to drive unity among three disciplines. “To institutionalize this perspective, we designed a long-term sustainability blueprint that lays out actionable and measurable targets that address critical environmental, social, and governance gaps that the country faces today,” said Ayala Corp. Chairman and…

AC Energy Philippines Sustainability PUNLA

AC Energy Sustains High Employee Satisfaction

The Ayala group once again conducted a group-wide employee engagement survey last May 2019 and the results of which have now been released. Previous iterations of the survey in 2015 and 2017 yielded exceptional results, placing the Ayala group among global organizations with the highest level of employee engagement. Eric Francia, president and CEO of…

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AC Energy clinches coveted ASEAN Green Bond Label

Fresh from the success of its maiden green bond issuance early this year, with the Asian Development Bank and the International Finance Corporation as anchor investors, Ayala Group’s rapidly expanding power generation unit, AC Energy, pushes forward to cement the company’s commitment towards renewable energy and sustainability. After issuing the first Climate Bond Initiative-certified US…

AC Energy completes acquisition of PHEN

AC Energy completes acquisition of PHINMA Energy

24 June 2019 – AC Energy, the energy platform of Ayala, has completed the acquisition of PHINMA Inc.’s and PHINMA Corporation’s (collectively, “PHINMA”) combined 51.48% stake in PHINMA Energy corporation (“PHEN”). AC Energy acquired PHINMA’s stake via a purchase of secondary shares for PhP 3.669 billion, AC Energy has also subscribed to 2.632 billion PHEN…

PCC Approval of PHEN San Lorenzo Wind

PCC issues approval for AC Energy’s acquisition of PHINMA Energy

12 April 2019 – AC Energy, the energy platform of Ayala Corporation, has received approval from the Philippine Competition Commission (PCC) for its acquisition of PHINMA Inc.’s and PHINMA Corporation’s (collectively, “PHINMA”) combined 51.48% stake in PHINMA Energy Corporation (“PHEN”). AC Energy will acquire PHINMA’s stake via a purchase of secondary shares for approximately PhP3.42…

AC Energy and UPC partnership strengthens renewable energy portfolio in Asia Pacific
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AC Energy, partner secure financing for Australia solar farm

Source: PhilStar 16 February 2019 – MANILA, Philippines — AC Energy and Infrastructure Inc. (ACEIC) and its partner have secured financing from three banks for their mega solar project in Australia, with plans to add battery storage facility. UPCAC Renewables Australia, the joint venture of ACEIC and UPC Renewables, has reached financial close for the…

AC Energy, Phinma Group finalize P6 billion power deal

AC Energy, Phinma Group finalize P6-billion power deal

Source: PhilStar 12 February 2019 – MANILA, Philippines — AC Energy Inc., the energy platform of the Ayala conglomerate, has finalized a deal with the Phinma Group to acquire the latter’s power business for a total of P6 billion. In separate disclosures yesterday, Ayala Corp. and Phinma Corp. said they signed the investment agreement last…

AC Energy green bond issuance attracts $410 million ADB, IFC funds

AC Energy green bond issuance attracts $410 million ADB, IFC funds

Source: PhilStar 6 February 2019 – MANILA, Philippines — AC Energy Inc., the energy platform of the Ayala conglomerate, has received the backing of two of the world’s largest development institutions, raising a total of $410 million from the issuance of green bonds. International Finance Corp. provided an anchor investment of $75 million to complete…

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AC Energy Launches Maiden Green Bond

23 January 2019 | Singapore — AC Energy Inc. (“AC Energy”), Ayala Corporation’s (PSE:AC) energy platform, successfully set the terms of its inaugural US dollar-denominated senior Green Bond issuance at an aggregate principal amount of US$225 million with a  5-year tenor and a coupon of 4.75% per annum, priced at 99.451 (the “Bonds”).  The Bonds…

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