AC Energy Signs First Loan Agreement with PhilamLife; Bullish on its 2020 Target
AC Energy signs first loan agreement with PhilamLife; bullish on its 2020 target.
Ayala Execs Make Courtesy Call on Indonesian Envoy
Ayala execs make courtesy call on Indonesian envoy.
AC Energy Takes Control of Northwind
Presage Corporation, a wholly owned subsidiary of AC Energy, has acquired an additional 17.79% stake in NorthWind Power Development Corp. (NorthWind), increasing AC Energy’s effective ownership interest in NorthWind from 50% to 67.79%. NorthWind owns and operates the 52MW Bangui wind project in Bangui, Ilocos Norte, the country’s first commercial wind farm.
Ayala Group Sets Aside Up tO 180-B Capex for 2017
“THE Ayala group is programming capital expenditure (capex) about P160 billion to P180 billion for this year in a bid to expand its power, infrastructure, industrial or manufacturing, healthcare, and education businesses.” Read full article
Ayala Seeks More Greenfield Projects in PH, Asean
“Ayala has been actively scouting for business opportunities in “attractive” markets in Southeast Asia, especially in Indonesia. Earlier this month, AC announced its power arm AC Energy Holdings Inc. struck a deal with UPC Renewables Indonesia Ltd. to develop, construct, and operate a 75-megawatt (MW) wind farm project in Sidrap, South Sulawesi, Indonesia.” Read full…
AC Energy Retail signs Distribution Wheeling Agreement with Meralco
AC Energy Retail signs Distribution Wheeling Agreement with Meralco.
AC Energy Scales Up RE Portfolio
After bagging Chevron’s geothermal assets and wind projects in Indonesia, AC Energy Holdings Inc. is scaling up its renewable energy portfolio through acquisitions and greenfield projects in the country to meet its 2,000-megawatt (MW) target capacity by 2020. Read full article
Ayala Invests in Indonesia Wind Farm Project
Ayala invests in Indonesia wind farm project.
AC Energy Reaches Target of Over 1,000 MW
AC Energy reaches target of over 1,000 MW
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