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…
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…
Aboitiz Power unit keeps arrangement with Meralco
A subsidiary of Aboitiz Power Corp. said it was no longer disconnecting from the Manila Electric Co. (Meralco) system, after an Ancillary Services Procurement Agreement (Aspa) had been signed with…
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…
Cirtek US unit rolls out next-gen telco antennas
Cirtek’s US unit Quintel produces antennas for leading US telcos The Silicon Valley-based unit of electronics manufacturer Cirtek Holdings Philippines Corp. has rolled out a new range of antennas capable…
RLC unit listing by introduction on June 26
Robinsons Land Corp. president and chief executive officer Frederick Go. File photo Real estate firm Altus Property Ventures Inc. (APVI), a wholly-owned subsidiary of Robinsons Land Corp., is set to…
Cirtek’s US unit rolls out 5G antennas
Quintel produces antennas for leading US telcos Silicon Valley-based Quintel USA Inc., a wholly-owned unit of electronics exporter Cirtek Holdings Philippines Corp., unveiled a new generation of antennas designed for…
Ayala unit raises P64M for informal sector, front-liners
AC Energy, part of the Ayala Group, has raised at least P64 million to assist those in the informal sector whose livelihoods were affected by the pandemic, particularly the daily…
SM unit, partners help small farmers monetize unsold crops
The philanthropic arm of the country’s biggest conglomerate, SM Investments Corp., has teamed up with social entrepreneurs to help small farmers monetize unsold crops during the Luzon-wide lockdown. With agricultural…
Aboitiz unit aborts plan to buy Vietnam wind power firm
Aboitiz Power Corp. has called off what would have been its first foray in the overseas renewable energy market through a $46-million acquisition of a firm behind a wind power…