Tag Archives: ayala corporation

AC Energy eyes another renewable energy investment

northwind power in ilocos norte
RENEWABLE ENERGY. NorthWind Power in Ilocos Norte is a joint venture between AC Energy and NorthWind founders Niels Jacobsen, Ferdinand Dumlao, and Jose Ildebrando Ambrosio. Screenshot from AC Energy website

‘We are building up our RE platform so we’re looking for acquisitions in the Philippines,’ says AC Energy president John Eric Francia

MANILA, Philippines (Jan. 19, 2017) — AC Energy Holdings Incorporated is expected to seal another investment deal involving renewable energy (RE) soon. Continue reading AC Energy eyes another renewable energy investment

Ayala to build, operate $150-M Indonesia wind farm

offshore windfarms
FIRST OFFSHORE. With generating capacity of 75 megawatts (MW), AC Energy says the Sidrap project is targeted for completion by the end of 2017. Background image from UPC Renewables’ website

With a generating capacity of 75 megawatts (MW), the Sidrap Project is the first greenfield offshore investment of AC Energy

MANILA, Philippines (Jan. 11, 2017) — A subsidiary of Ayala Corporation has sealed a deal to build, develop, and operate the first utility-scale wind farm in Indonesia, which is worth $150 million.  Continue reading Ayala to build, operate $150-M Indonesia wind farm

Two towers of Pagudpud Wind Farm bombed

wind farm
TOPPLED. Two of Pagudpud Wind Farm’s transmission towers had toppled. Photo from Ayala Corporation – Energy and Infrastructure Group
North Luzon Renewables says initial investigations indicate that explosives were used to take down the transmission towers

MANILA, Philippines (Feb. 20, 2016) — The Pagudpud Wind Farm of North Luzon Renewables (NLR) was disconnected from the Luzon Grid on Thursday night, February 18, after two of its transmission towers were bombed.

Continue reading Two towers of Pagudpud Wind Farm bombed