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 […]
April 6, 2018

AC Energy eyes power portfolio topping 5 GW

By Lenie Lectura – April 5, 2018 from Business Mirror AC Energy, the power arm of conglomerate Ayala Corp., aims to build a diversified power portfolio of more than 5 gigawatts (GW) by 2025. “Our goal is to exceed 5-GW […]
March 2, 2018

Phinma Energy’s bottom line plunges to 75%

By Lenie Lectura – March 1, 2018 from Business Mirror PHINMA Energy Corp.’s net income plunged 75 percent to P347 million last year, from P1.383 billion in 2016. In its disclosure to the Philippine Stock Exchange, Phinma Energy said the […]
January 23, 2018

AC Energy sees ‘good’ growth momentum

By Lenie Lectura – January 22, 2018 from Business Mirror AC Energy, the power arm of conglomerate Ayala Corp., sees “consistent growth” in its net income in the next three to four years to be driven by the new contribution […]