Ayala's AC Energy Vietnam Wind Projects Underway (Int'l. Report)
In the Philippines, Makati City-based Ayala Corp.'s power generation unit AC Energy, along with UPC Renewables, reports construction of two wind projects totaling 60 MW is underway in the Mekong Delta of southern Vietnam. The projects will incorporate
Vestas turbines of various power ratings with site-specific towers.
AC Energy will hold a 50-pct voting stake in both projects through wholly-owned subsidiary AC Energy Vietnam Investments 2 Pte. Ltd. (Source: Ayala, PR, Manila Standard, 8 May, 2020) Contact: Ayala Corp., +632 7908 3000, +632 8848 5864 – fax, firstname.lastname@example.org, www.ayala.com.ph
More Low-Carbon Energy News Ayala, Wind, Vietnam Wind, Vestas,
Seraphim Solar Supplying Panels for Philippine PV Parks (Int'l.)
Jiangsu Seraphim Solar System
China's Jiangsu Seraphim Solar System Co Ltd reports it has contracted to supply 183 MW of its high efficiency solar modules to Malaysia-based EPC contractor ERS Energy Sdn Bhd.PV for PV farms being co-developed by AC Energy Inc, the energy arm of Philippine conglomerate Ayala Corp. (Source: Jiangsu Seraphim Solar , Renewables, 11 May, 2020)
Contact: Jiangsu Seraphim Solar System Co.Ltd., +86-519-6878-8166, www.seraphim-energy.com
More Low-Carbon Energy News Jiangsu Seraphim Solar System
Ayala Doubling Indonesian Wind Project Capacity (Int'l. Report)
Ayala, AC Energy,UPC Renewables
AC Energy, the energy investment unit of Ayala Corporation reports it will be doubling the capacity of its Sidrap wind farm development in South Sulawesi, Indonesia from 75 MW to 150 MW. The possible South Sulawesi wind farm expansion is under discussion with partner-firm UPC Renewables, as well as with
Indonesia's state-owned power utility Perusahaan Listrik Negara (PLN) for off-take (capacity purchase) arrangements, primarily that of the wind facility expansion.
(Source: AC Energy, Ayala Corp., PR, reve, 26 May, 2019) Contact: AC Energy, John Eric T. Francia, Pres., CEO, www.ayala-energyinfra.com
; UPC Renewables , +63 2 576 7961, (305) 416-6101 -- US Office, email@example.com
More Low-Carbon Energy News AC Energy
, UPC Renewables
Green Bond Raises $410Mn for Asian Low Carbon Projects (Int'l)
In the Philippines, AC Energy, the energy platform of one of the largest conglomerates located in the Philippines, Ayala Corporation, reports it raised $410 million (US) in its first Climate Bond Initiative listed on the Singapore Exchange.
The International Finance Corporation (IFC), a member of the World Bank Group, provided an anchor investment of $75 million to complete the public placement of the bonds.
AC Energy added a private placement of $110 million in climate bonds for 10 years and the Asian Development Bank (ADB) invested $20 million in the transaction, which is paying a coupon of 5.25 pct.
Proceeds from the bond offering are earmarked for AC Energy's low-carbon energy projects in the Asia-Pacific region. The bonds received pre-issuance certification as climate bonds under the Climate Bonds Standard (CBS).
(Source: AC Energy, Asset ESG Forum, 10 Feb., 2019) Contact: AC Energy , Eric Francia, Pres., CEO, www.acenergy.com.ph; Ayala, www.ayala.com.ph/ac-energy
More Low-Carbon Energy News Ayala, AC Energy, Climate Change, Green Bond, Renewable Energy,
Showing 1 to 4 of 4.