AC Energy building up renewable energy portfolio with $2-B investments.
AC Energy Philippines Inc., formerly Phinma Energy Corp., is eyeing close to $2 billion or P100 billion of investment in domestic renewable energy projects, with a goal of racking up a total of 2,000 megawatts of capacity within six years.
Company president John Eric T. Francia said in a briefing the company currently had 62 MW of renewables-based generating capacity in its portfolio while its new parent firm, the Ayala group's AC Energy Inc., had 100 MW.
|Printer friendly Cite/link Email Feedback|
|Publication:||Philippines Daily Inquirer (Makati City, Philippines)|
|Date:||Sep 18, 2019|
|Previous Article:||Group urges gov't to stop pork imports.|
|Next Article:||AirAsia PH plan to fly to the US hits snag.|