Latest News and Updates
 

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

 

PCC approves Ayala’s acquisition for P3 billion of PHINMA energy assets

April 2019

The final go-signal has been bestowed by the Philippine Competition Commission (PCC) on the acquisition by AC Energy Inc. of the energy assets of PHINMA group of the Del Rosarios. Read More

 

PCC clears AC Energy purchase of Phinma power business

April 2019

MANILA, Philippines — AC Energy Inc., the energy platform of Ayala Corp., has clinched the approval of the Philippine Competition Commission (PCC) to acquire the power business of the Phinma Read More

 

PCC approves Ayala-PHINMA energy deal

April 2019

MANILA — The Philippine Competition Commission (PCC) has approved the acquisition of the majority stake in PHINMA Energy by Ayala Corporation’s power branch, AC Energy. In its decision dated April 11, Read More