Listed firm AC Energy Corporation (ACEN) of the Ayala group and Filipino-owned CleanTech Global Renewables Inc. are eyeing a joint venture for the commercial development of the proposed 200-megawatt solar farm project in Lal-lo, Cagayan province. In a disclosure to the Philippine Stock Exchange...
Real estate giant Ayala Land, Inc. (ALI) has successfully listed its new P3 billion 4.0776 percent p.a. fixed rate bonds in a virtual ceremony at the Philippine Dealing and Exchange Corporation (PDEX). The 10-year bond listing due 2031 is part of ALI’s newly approved third shelf registration...
The Senate Committee on Justice and Human Rights on Tuesday, Oct. 26 approved the bill seeking to grant Philippine citizenship to Elizabeth Eder-Zobel de Ayala, wife of Ayala Corp. Chairman and CEO Jaime Zobel De Ayala. Approved was Senate Bill No. 2221 which was introduced by Senate Minority...
Listed firm AC Energy Corporation (ACEN) is committing ‘early retirement’ of its remaining coal-fired power plant in line with the Ayala group’s overall ‘net zero’ target through year 2050. The Ayala firm said its management will employ ‘energy transition mechanism’ (ETM) “for the...
Ayala Corporation, one of the largest conglomerates in the country, is committing to achieve net zero greenhouse gas emissions by 2050. This was announced by Ayala President & CEO Fernando Zobel de Ayala during the group's Integrated Corporate Governance, Risk Management, and Sustainability...
Ayala Land, Inc. (ALI), through its Alagang AyalaLand (AAL) program, has sustained its plan to help communities recover from the pandemic through livelihood opportunities in its developments. In a statement, the firm said over 400 social enterprises (SEs) are now hosted and nurtured in its...
AREIT Inc., pioneering real estate investment trust sponsored by Ayala Land Inc., is planning to raise P3 billion from the issuance of fixed-rate bonds as the initial tranche of its proposed Debt Securities Program of up to P15.0 billion. The firm intends to use the net proceeds from the bond...
Ayala-led AC Energy Corporation (ACEN) and its Vietnamese firm-partner AMI Renewables will be piloting the installation of battery energy storage system (BESS), as a coupling technology that shall be integrated in their 50-megawatt solar farm project in Khanh Hoa province. In a statement to the...
In the last year or so, there has been a new breed of real estate companies cropping up on the Philippine Stock Exchange (PSE). Real Estate Investment Trusts or REITs, are companies that invest in income-generating properties and distribute their earnings back to shareholders in the form of...
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC...
Operatives from the Philippine Drug Enforcement Agency (PDEA) and Philippine National Police (PNP) seized last Thursday some P3.4 million worth of shabu (methamphetamine hydrochloride) in a buy-bust operation in Muntinlupa. Authorities conducted the sting on Daang Hari Road in Ayala Alabang,...
The Securities and Exchange Commission (SEC) has public offerings to raise about P87 billion planned by Ayala Land, Inc., Synergy Grid & Development Phils, Inc., Megawide Construction Corporation, and The Keepers Holdings, Inc. The Commission En Banc resolved to render effective the respective...
