September 29, 2018

AboitizPower buys interest in AC Energy’s thermal uni

By Lenie Lectura – September 28, 2018 from Business Mirror ABOITIZ Power Corp. sealed a deal with AC Energy Inc. for the purchase of a stake in the latter’s thermal business, AA Thermal Inc., valued at $579.2 million. The transaction, subject […]
September 28, 2018

Aboitiz Power buys Ayala’s coal projects for $579.2m

By Alena Mae S. Flores – September 27, 2018 at 08:45 pm from manilastandard.net Aboitiz Power Corp. acquired a 49-percent voting interest and 60-percent economic stake in AA Thermal Inc., Ayala Group’s thermal or coal asset platform in the country, […]
August 1, 2018

AC Energy to finalize sale of thermal-energy business this year

By Lenie Lectura – July 31, 2018 from Business Mirror AC Energy Inc. is determined to finalize within the year the planned sale of its thermal-energy assets. “We are still in the middle of the process, but we expect to […]
July 25, 2018

Ayala weighs thermal assets’ equity sale

By Myrna M. Velasco – July 24, 2018, 10:00 PM from Manila Bulletin The energy investment group of the Ayala group has reportedly “suspended for the meantime” its planned equity sell-down on its thermal power assets, according to sources privy […]