AC Energy has set its stock rights offer (SRO) for February of next year, based on its December 23 disclosure to the Philippine Stock Exchange. Ayala’s power unit said that the offer...
AC Energy has approved Php10.81 billion in financing for renewable energy projects in Northern and Central Luzon. In a disclosure to the Philippine Stock Exchange, the company said it has secured a...
The National Grid Corporation of the Philippines (NGCP) recently energized the Toril-Bunawan 230kV transmission line, the final component of its Mindanao 230 kiloVolt (kV) backbone project, in a bid to secure the...
AC Energy has clarified that the Securities and Exchange Commission (SEC) has confirmed that its stock rights offering (SRO) slated for next year, and has not yet been approved. In a disclosure...
The Securities and Exchange Commission (SEC) has confirmed AC Energy’s stock rights offering (SRO) slated for next year. Ayala’s energy arm is looking to float 2,267,580,434 common shares priced at Php2.37/share on...
Even amid the COVID-19 pandemic, AC Energy managed to post a net income of Php5.6 billion in the first three quarters of 2020, providing a boost to Ayala’s portfolio. The power generating company’s...
AC Energy has won multiple awards for exemplary compliance of its renewable energy (RE) projects at the recently concluded Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2020. Negros Oriental-based Monte...
Axia Power Holdings Philippines, a subsidiary of Japanese firm Marubeni Corporation has sealed a deal with ACE Endevor, Inc., a subsidiary of AC Energy, to acquire a 50% stake in the Ayala...
AC Energy concurs with the proposal of the National Renewable Energy Board (NREB) to adjust minimum level of electricity contracted from renewable energy (RE) developers. AC Energy President and CEO Eric Francia said...
Ayala-led AC Energy issued US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bonds worth $300 million (Php14.3 billion) last November 27. The company said it would use the bonds’ net proceeds to fund...
