March 17, 2020

Ayala energy firm’s 2019 net earnings soar to ₱25 billion

By Myrna M. Velasco – March 16, 2020 from Manila Bulletin The net earnings of the energy investment arm of the Ayala group had soared to ₱25 billion last year, springing a long way up from ₱4.1 billion in 2018. […]
January 6, 2020

Meralco’s revised CSP rules spark interest of top firms

By Lenie Lectura -January 6, 2020 from Business Mirror The Manila Electric Co.’s (Meralco) revised bidding rules for the second round of the competitive selection process (CSP) for 1,200-megawatt (MW) capacity sparked the interest of conglomerate San Miguel Corp. (SMC) […]
July 27, 2019

AC Energy set to transfer stake in Lanao plant

By Alena Mae S. Flores – July 26, 2019 at 09:00 pm from manilastandard.net AC Energy Inc. signed an agreement to transfer its indirect ownership interest in the 540-megawatt, coal-fired power project in Kauswagan, Lanao del Norte to Power Partners […]
May 2, 2019

Ayala to keep PHINMA Energy a listed firm

By Madelaine B. Miraflor – May 1, 2019, 10:00 PM from Manila Bulletin As it mulls the possibility of going public, AC Energy, the power unit of Philippines-based conglomerate Ayala Corporation, is keeping PHINMA Energy Corporation (PHEN) as a listed […]