Guimaras keen on renewable energy

August 2018

ILOILO CITY – The island province of Guimaras is looking to have more renewable energy projects.

“Guimaras is standing as an agri–eco tourism capital in Region 6. For more than 13 years, we made ourselves admirable. We want to reach the vision of the province”, said Guimaras Governor Samuel Gumarin.

Speaking at a recent business forum, Guimaras Governor Samuel Gumarin told the Guimaras Investors Club (GIC) and PHINMA Energy Corporation that the island province is looking to acquire more power sources to stabilize its need.

“I think all feel that it is needed in both commercial and residential areas,” Gumarin said.

The province with five towns—Buenavista, Jordan, Nueva Valencia, San Lorenzo and Sibunag – has been experiencing unstable power supply for the past several years.

This is despite the fact that Guimaras is home to the 54-megawatt wind farm of PHINMA Energy’s subsidiary Trans-Asia Renewable Energy Corp. (TAREC).

The wind turbines actually generate power that is sold to the grid.

Guimaras Electric Cooperative (Guimelco), the sole power distributor, gets its supply from power producers in Iloilo and Negros.

Nevertheless, Gumarin still welcomes the pitch of PHINMA Energy for a solar energy farm.

Guimaras is hoping that it could directly benefit from future renewable energy projects.

Read More At:


Ayala takes over, reorganizes Phinma Energy

July 2019

MANILA, Philippines — Phinma Energy Corp. is completing its reorganization by changing its corporate name, hiking its capital stock and naming brothers Jaime Augusto and Fernando Zobel de Ayala as Read More


AC Energy completes acquisition of PHINMA Energy

June 2019

PRESS RELEASE (24 June 2019 ) AC Energy, the energy platform of Ayala, has completed the acquisition of PHINMA Inc.’s and PHINMA Corporation’s (collectively, “PHINMA”) combined 51.48% stake in PHINMA Read More


Phinma Energy eyes tender offer

May 2019

Phinma Energy Corp. said Tuesday it will conduct a tender offer to shareholders of Phinma Petroleum and Geothermal Inc. as a part of the sale of its shares to AC Read More