August 23, 2019

Sale of Malaya Thermal, land needs OK from PCC

By Lenie Lectura – August 23, 2019 from Business Mirror THE sale of the 650-megawatt (MW) Malaya Thermal Power Plant (Malaya TPP) and its underlying land would have to be cleared by the Philippine Competition Commission (PCC), the Power Sector […]
August 20, 2019

AC Energy sees commercial operation of diesel plant in Rizal by H2 of 2020

By Lenie Lectura – August 20, 2019 from Business Mirror AC Energy Inc., the power arm of conglomerate Ayala Corp., wants to start construction of its planned diesel plant in Pililia, Rizal, this year, with target commercial operation date set […]
August 14, 2019

UPC/AC buys into Australia’s Baroota

By Lenie Lectura – August 14, 2019 from Business Mirror UPC\AC Renewables Australia, the partnership between AC Energy Inc. and UPC Renewables of Australia, is acquiring a 51-percent interest in the Baroota Pumped Hydro and the Bridle Track Solar Farm […]
June 25, 2019

AC Energy completes purchase of 51.48% stake in Phinma Energy

By Lenie Lectura – June 25, 2019 from Business Mirror AC Energy Inc., the energy platform of Ayala Corp., has completed the acquisition of Phinma Inc.’s and Phinma Corp.’s (PHN) combined 51.48-percent stake in Phinma Energy Corp. (PHEN). “We are […]