AC Energy Solar, a subsidiary of Ayala-led ACEN Corporation, and its foreign partner UPC Renewables will be constructing the proposed 420-megawatt peak (or 320MWac) Masaya solar farm project in Khandwa district in the state of Madhya Pradesh, India that will command an investment of $220 million....
Ayala Corporation and the Zobels’ holding firm Mermac Inc. are infusing P17.39 billion worth of real estate into Ayala Land Inc. through a property-for-equity swap. In a disclosure to the Philippine Stock Exchange, ALI said its Board of Directors has approved the property-for-share swap with AC...
Ayala-led ACEN Corporation is fast tracking the completion of its 60-megawatt Lac Hoa and Hoa Dong wind farm project in Vietnam with targeted commercial operation in the first quarter of this year. According to the Ayala firm, the project is its partnership with UPC Renewables “and will feature...
As the biggest property management company in the Philippines, Ayala Property Management Corporation (APMC) needed to transform its operations to digital to provide an overall better experience for staff and customers. With an unparalleled and award-winning 45-year history of establishing safety,...
The board of ACE Enexor Inc., Ayala group’s listed oil and gas unit, will reorganize with new President and Director, Rolando “Don” J. Paulino. Paulino, who was previously the managing director in Shell Philippines Explporation B.V. (SPEX), the operating entity of the multi-billion Malampaya...
Ayala Corporation is investing a total of $237.5 million for the acquisition of minority stakes in two firms with extensive business interests in Myanmar: Singapore-listed Yoma Strategic Holdings Inc. (YSH) and First Myanmar Investment Public Co. Ltd. (FMI). In a disclosure to the Philippine Stock...
The Ayala Group and the Araneta Group have launched separate efforts to help those severely affected by the havoc caused by the passage of Typhoon Odette. According to the National Disaster Risk Reduction and Management Council, Typhoon Odette has caused approximately P22 billion in agriculture and...
Ayala-led ACEN Corporation has sold its Power Barge 101 facility in Iloilo to MORE Power Barge Inc., a power generation firm of businessman Enrique Razon. The Ayala energy firm disclosed at the Philippine Stock Exchange (PSE) on Wednesday, Dec. 22, that it signed an asset purchase agreement with...
Wala Lang The inaugural exhibit (“Intertwined”) of the splendidly renovated Ayala Museum is notable for its magnificent gathering of ivory images, the first time ever that so many such fantastic objects have been in a Manila exhibit. Ivory from Africa and Asia (India and Indo-China) were...
Angel Thoughts Merry Christmas, dear readers and your families! Only five days to go and The Blessed Event that we have all been waiting for is here. To get a taste of a unique experience at Mall of Asia, try their Tunnel of Lights Christmas Drive-Thru. Mall customers with a minimum single-receipt...
Maureen Emily Schrijvers BAGUIO CITY—Track specialists Maureen Emily Schrijvers and Bernalyn Bejoy each won two gold medals and in the process made themselves the standard bearers for the national team as the two-day Ayala Philippine Athletics Championship came to a close in chilling conditions...
The board of directors of ACE Enexor Inc., the oil and gas unit of the Ayala group, has authorized the company to secure funds for its planned shares subscription into the amalgamated Batangas Clean Energy Inc. (BCE) power project and liquefied natural gas (LNG) import facility. Alongside the...
