February 7, 2020

February power rates dropped P0.59 per kWh, says Meralco

By Alena Mae S. Flores – February 06, 2020 at 07:45 pm from manilastandard.net Residential consumers of power retailer Manila Electric Co. will enjoy a rate reduction of P0.59 per kilowatt-hour or P118 in a typical household’s bill for February. […]
December 9, 2019

AC Energy investing $1b in 1,500-MW plants in 2020

By Alena Mae S. Flores – December 08, 2019 at 07:10 pm from manilastandard.net AC Energy Inc., the power unit of the Ayala Group, plans a “significant and massive” $1-billion investment next year for its 1,500-megawatt expansion here and abroad. […]
December 6, 2019

AC Energy working on 550 MW of power projects starting 2020

By Lenie Lectura -December 6, 2019 from Business Mirror AC Energy Philippines Inc. , formerly Phinma Energy Corp., is all set to undertake 550 megawatts (MW) of power projects in the country starting next year, its top official said. Company President Eric Francia […]
November 28, 2019

A global first: AC Energy launches $400-million green bonds for RE projects

By Lenie Lectura -November 28, 2019 from Business Mirror AC Energy Inc. has successfully launched $400-million, fixed-for-life green bonds to finance the expansion of planned renewable-energy (RE) projects. The power arm of conglomerate Ayala Corp. said Wednesday that it has successfully […]