Publicly-listed Alsons Consolidated Resources, the power firm of the Alcantara Group, is aiming to play a key role in the Philippines’ pivot to clean and secured energy sources, particularly in Mindanao, by increasing its renewable power generation capacity. This is according to Alsons Power...
Buoyed by rising post-Covid power demand in Mindanao grid, the net income of Alcantara-led Alsons Consolidated Resources Inc. (ACR) had escalated 42-percent to P1.88 billion last year from P1.32 billion in 2021. The jump in the company’s profitability had also resulted in 52-percent increase on...
Alcantara-led Alsons Consolidated Resources Inc., (ACR) was able to maintain its ‘stable outlook’, relative to the P3 billion worth of commercial papers (CP) issuance that the company has resorted to in raising additional funding for its ongoing projects. The positive rating of the company has...
Alsons Consolidated Resources, Inc. (ACR) listed P630 million worth of commercial papers with the Philippine Dealing and Exchange Corp. (PDEx). In a disclosure to the Philippine Stock Exchange, the firm said this is from the first tranche of the company’s P3 billion Commercial Paper (CP) Program....
Businessman Tomas I. Alcantara has retired as chairman and president of publicly listed Alsons Consolidated Resources Inc. (ACR), one of the country’s largest conglomerates, effective March 1 this year due to health reasons. Tomas I. Alcantara (Photo credit: https://www.acr.com.ph) Taking his...
Alsons Consolidated Resources, Inc. (ACR) is planning to raise P2 billion from the issuance of commercial papers (CPs) as the first tranche of its new commercial paper program of up to P3.0 billion. In relation to this, Philippine Rating Services Corporation (PhilRatings) said it has assigned...
