AC Energy - updates

Rappler's latest stories on AC Energy

ARTICLE FINDER

PCC approves AC Energy's acquisition of Phinma power unit

Apr 15, 2019 - 5:50 PM

The Philippine Competition Commission finds no issues with AC Energy acquiring a stake in Phinma Energy Corporation

Ayala Corp net income up 16% in 2017

Mar 12, 2018 - 4:16 PM

The net income of the Ayala Group's holding firm hits P30.3 billion in 2017, with Ayala Land leading the subsidiaries

Ayala Corp net income up 39% to P8.2B in Q3 2017

Nov 10, 2017 - 4:49 PM

The result means that AC’s net income for the first 9 months of 2017 is up 18% to P23.2 billion, primarily because of the strong performances of Ayala Land and AC Energy

Ayala Corp net income up 9.1% to P15.1 billion in 1st half of 2017

Aug 14, 2017 - 12:10 AM

BPI is the Ayala Group s top earner for the period followed by Ayala Land

AC Energy to expand in Indonesia, sells Chevron PH assets stake to SM group

Jul 25, 2017 - 9:01 AM

Ayala Corporation’s energy arm signs an agreement with UPC Renewebles to develop small island power projects in Indonesia and divests its stake in Chevron’s geothermal assets in the Philippines to an SM group linked investment firm

PHINMA Energy pins hopes on DOE's new renewable energy policy

Apr 11, 2017 - 1:18 PM

With the tight competition in coal energy the firm plans to focus on renewable energy projects and retail electricity as it waits for the DOE s next renewable energy incentive

Ayala Corp's AC Energy buys renewable energy developer Bronzeoak

Mar 22, 2017 - 4:00 PM

The move gives the firm an additional platform of more than 200 megawatts of solar and biomass energy

Ayala Corp nets P26B in 2016, eyes power and digital for the future

Mar 13, 2017 - 9:30 PM

The conglomerate sets up a slew of energy and e commerce investments although the bulk of its earnings still comes from traditional sectors

AC Energy eyes another renewable energy investment

Jan 19, 2017 - 5:00 PM

We are building up our RE platform so we re looking for acquisitions in the Philippines says AC Energy president John Eric Francia

RE. NorthWind Power in Ilocos Norte is a joint venture between AC Energy and NorthWind Founders: Niels Jacobsen, Atty. Ferdinand A. Dumlao and Atty. Jose Ildebrando B. Ambrosio. Screenshot image from AC Energy website

Ayala to build, operate $150-M Indonesia wind farm

Jan 11, 2017 - 5:20 PM

With a generating capacity of 75 megawatts MW the Sidrap Project is the first greenfield offshore investment of AC Energy

FIRST OFFSHORE. With generating capacity of 75 megawatts (MW), AC Energy says the Sidrap project is targeted for completion by the end of 2017. Background image from UPC Renewables' website

Two towers of Pagudpud Wind Farm bombed

Feb 20, 2016 - 1:50 AM

North Luzon Renewables says initial investigations indicate that explosives were used to take down the transmission towers

TOPPLED. Two of Pagudpud Wind Farm's transmission towers had toppled. Photo from Ayala Corporation - Energy and Infrastructure Group

Petilla: Give Competitive Selection Process a chance

Nov 13, 2015 - 4:26 PM

You need rules CSP is where everything is a level playing field and everybody competes other than just negotiates the former energy secretary and senatorial candidate says

RULES. Former Energy secretary and senatorial candidate Carlos Jericho Petilla says the Competitive Selection Process aims for balance between profit and public service in a market-driven energy sector.

Meralco: Competitive Selection Process will hurt consumers

Nov 02, 2015 - 6:00 AM

The policy is illogical and not in consumers interest as it gives gencos the power to dictate prices says the head of the distribution utility Manuel Pangilinan

Ayala’s energy arm receives FIT compliance for N. Luzon wind farm projects

Apr 17, 2015 - 4:30 PM

The feed in tariff compliance entitles AC Energy’s Ilocos Norte wind farm projects to a FIT rate of P8 53 kWh for a 20 year period

Ayala energy unit gets P7-B loan for Calaca plant expansion

Jul 02, 2013 - 1:08 PM

South Luzon Thermal Energy a joint venture between the Ayala and Phinma groups will expand the Calaca plant s capacity to 270 MW from 135 MW

Meralco seeks partners for Mindanao power venture

Apr 23, 2013 - 8:10 AM

Power giant Manila Electric Co Meralco is currently in exploratory talks with an existing generation company for a possible venture in power starved Mindanao

AYALA AND POWER. Ayala is participating in a power project in Mindanao. Photo by John Javellana.

Ayala Land unit to retail power

Feb 08, 2013 - 9:04 AM

A unit of Ayala Land Inc will soon engage in supply electricity to Ayala owned and managed malls office buildings business process outsourcing BPO hotels and affiliates in Luzon Visayas and Mindanao