April 16, 2019

PCC allows P6-billion power deal of AC Energy, Phinma

By Lenie Lectura – April 16, 2019 from Business Mirror THE Philippine Competition Commission (PCC) has cleared the P6-billion power deal between AC Energy Inc. and the Phinma Group. AC Energy and the Phinma Group said separately that they received […]
February 8, 2019

AC Energy eyeing to buy Malaya thermal plant

By Lenie Lectura – February 8, 2019 from Business Mirror AC Energy Inc. is closely reviewing plans on the Malaya Thermal Power Plant which is being sold by the Power Sector Assets and Liabilities Management Corp. (PSALM). “Malaya is right beside […]
February 7, 2019

AC Energy to get over 50% stake in Phinma Energy

By Lenie Lectura – February 7, 2019 from Business Mirror AC Energy Inc. and Phinma Energy Corp. are set to sign a definitive agreement that will give the power arm of conglomerate Ayala Corp. a 51.48-percent stake in PHEN valued […]
January 10, 2019

AC Energy buys 51.48% stake in Phinma Energy

By Alena Mae S. Flores – January 09, 2019 at 09:25 pm from manilastandard.net AC Energy Inc., the energy unit of Ayala Group, signed Wednesday an agreement to acquire  a majority stake in Phinma Energy Corp. for P3.42 billion. AC […]