September 13, 2022

Luzon grid on ‘red alert’; brownouts feared

By Myrna M. Velasco – September 12, 2022, 9:26 AM from Manila Bulletin Following a “brownout weekend” that affected millions of consumers, Luzon grid tumbled into new round of “red alert” on Monday, Sept. 12, that extended until 8 pm […]
July 27, 2022

ACEN sells last coal asset to EPHI, InLife

BY LENIE LECTURA – JULY 26, 2022 from Business Mirror ACEN Corp. is selling its remaining coal asset to ETM Philippines Holdings, Inc. (EPHI) and The Insular Life Assurance Company, Ltd. (InLife) for P3.7 billion. “ACEN, the Ayala Group’s listed […]
April 7, 2022

AC Energy pursues early retirement of coal plant

BY LENIE LECTURA – APRIL 6, 2022 from Business News AC ENERGY Corp. (ACEN) has moved to pursue the early retirement of its remaining coal plant under South Luzon Thermal Energy Corporation (SLTEC) in line with the parent firm’s “net-zero” […]
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 […]