Ayala Restructures Energy Business

Ayala Corp.’s (PSE: AC) board of directors approved the restructuring of Ayala’s energy business that will result in the creation of two wholly owned platforms, Renewable Energy and Thermal Energy. The restructuring will be undertaken through the following steps: 1. Creation of a new holding company: AC Renewables Inc. 2. Transfer of renewable assets to […]
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AC Energy’s Wind Farms Receive FIT Compliance Certificate

Makati–(PHStocks)–AC Energy Holdings Inc.’s (AC Energy) wind farms in Bangui and Caparispisan, Ilocos Norte recently received their Feed-in-Tariff Certificate of Compliance or FIT COC from the Energy Regulatory Commission (ERC). This entitles both its 19MW wind farm expansion in Bangui, under Northwind Power Development Corp. (Northwind), and its 81MW wind farm in Caparispisan, Pagudpud under […]
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