Ayala unit takes 19.9% stake in Australian energy firm
Ayala-controlled UAC Energy Holdings Pty Ltd. settled for a 19.9-percent interest in Australian renewables firm Infigen Energy Ltd. as it bowed out of a takeover bidding war against a unit…
Globe myBusiness and Ayala Enterprise Circle offer free webinar for SMEs to ensure business continuity
As the provider of 63% of the country’s workforce, the essential role that Small and Medium Enterprises (SMEs) play in the national economy cannot be emphasized enough. Regrettably, though, their…
Ayala Group inks power plant deal with Marubeni unit
The Ayala group through AC Energy Philippines Inc. (ACEPH) has signed a shareholders’ agreement with a unit of Marubeni Corp. related to a joint venture for a 150-megawatt diesel-fired power…
Ayala unit to put up Vietnam’s biggest wind farm
Ayala Corp. is building the largest wind farm in Vietnam to date, as the conglomerate tries to keep the momentum of its power generation business in a country that has…
Ayala to draw $60M more from lucrative climate bond offer
Ayala Corp. unit AC Energy Inc. has launched through private placement a $60-million tap on its five-year senior green bonds due 2024. The Hongkong and Shanghai Banking Corp. Ltd. was…
Ayala acquiring Australian renewable energy firm
An affiliate of AC Energy Inc. has acquired a 12.8-percent stake in Australian renewables firm Infigen Energy Ltd. through a deal worth about P3.12 billion in the latest of the…
Ayala Land may issue bonds, tap new loans to raise P19B
Property giant Ayala Land Inc. (ALI) plans to raise as much as P19 billion through a mix of new borrowings in the coming months, taking advantage of softening interest rates…
As public stays away from hospitals, Ayala bets on telemedicine, drive-through services
From “telemedicine” or web-based medical consultation to drive-through diagnostic services, Ayala Healthcare Holdings Inc. (AC Health) is complementing its ecosystem of hospitals, clinics, drugstores and testing laboratories with digital and…
Ayala group pays P9.86B taxes ahead of deadline
Brothers Fernando (left) and Jaime Augusto Zobel de Ayala lead the 7th generation Zobels. Conglomerate Ayala Corp. and key operating units settled P9.86 billion worth of taxes ahead of the…
Ayala group taps Chinese firm for solar modules supply
The Ayala group’s AC Energy Inc. has tapped Chinese supplier Jiangsu Seraphim Solar System Co. Ltd. for 183 megawatts (MW) worth of modules to be used in solar farm projects…