April 11, 2019

AboitizPower borrows $300 million from foreign banks to buy AC Energy’s thermal assets

By Lenie Lectura – April 11, 2019 from Business Mirror ABOITIZ Power Corp. signed a $300-million loan facility with foreign banks to partly finance its acquisition of AC Energy Inc.’s thermal assets. “AboitizPower signed a facility agreement with DBS Bank […]
March 3, 2019

Aboitiz Power secures PCC approval on $579-M equity take in Ayala firm

By Myrna M. Velasco – March 2, 2019, 10:00 PM from Manila Bulletin Listed firm Aboitiz Power Corporation has secured the approval of the Philippine Competition Commission (PCC) on its equity acquisition in the thermal platform of AC Energy of […]
October 2, 2018

Ayala unit building 800 MW of renewable projects

By Alena Mae S. Flores – September 30, 2018 at 07:50 pm from manilastandard.net AC Energy, the power generation arm of conglomerate Ayala Corp., plans to develop an additional 800 megawatts of renewable energy projects in the country within five […]
January 10, 2018

Aboitiz combines coal assets into subsidiary

By Lenie Lectura – January 9, 2018 from Business Mirror ABOITIZ Power Corp. said on Monday its subsidiary Therma Power Inc. (TPI) will rationalize its ownership in two coal-fired power plants in Bataan. AboitizPower said TPI is streamlining its share ownership structure in GNPower […]