Ayala Corporation

GNPower Kauswagan Ltd. Co. (GNPK), the joint venture company between AC Energy Holdings, Inc. (AC Energy), the power unit of conglomerate Ayala Corporation, and Power Partners Ltd. Co. (PPLC), engaged Shanghai Electric Power Construction Co. (SEPCC), a subsidiary of Power Construction Corporation of China, for the engineering, procurement and construction (EPC) of a US$1 billion-thermal facility in Kauswagan, Lanao Del Norte.

Ayala Corporation’s (Ayala) net income in the first quarter of 2014 grew by 22% to P5.5 billion. The strong growth was driven by its real estate, telecom, water and international businesses and was boosted by a P1.8 billion capital gain from the sale of Stream Global Services, Inc., one of its investee companies under its business process outsourcing unit.

Countries, like companies, compete. Nations compete for investments, trade, trade in services, and tourists.

The sustained earnings momentum of its telecommunications, real estate and banking units, including capital gains realized in the third quarter, drove Ayala Corporation’s net earnings in the first nine months of the year to ₱17.7 billion, 26 percent higher than a year ago.

Light Rail Manila Corporation (LRMC ) the concessionaire for the operations, maintenance and extension of LRT1, of which AC Infrastructure Holdings Corp., a wholly-owned subsidiary of Ayala Corporation has a 35% stake, took over the operations and maintenance of the LRT Line 1 from the Light Rail Transit Authority and Department of Transportation and Communications on September 12, 2015.

On September 2, 2015, Ayala International Holdings, Ltd., a wholly owned subsidiary of Ayala Corporation, sold its ownership interest in Luzon Wind Energy Holdings B.V. (Luzon Wind) to DGA NLREC B.V.

Luzon Wind owns part of Ayala's stake in North Luzon Renewable Energy Corporation (NLREC) being held by its wholly onwed subsidiary AC Energy Holdings, Inc. NLREC owns and operates an 81MW wind farm in Barangay Caparispisan, Pagudpud, Ilocos Norte.

AC Energy Holdings, Inc. ("AC Energy"), a wholly owned subsidiary of Ayala Corporation, signed on September 8, 2015 a Subscription and Shareholders' Agreement with Bronzeoak Clean Energy Inc., the investment arm of Bronzeoak Philippines Inc.

Ayala Corporation (AC), Globe Telecom, Inc. (Globe), and Bank of the Philippine Islands (BPI) today have inked an agreement to turn over full ownership of BPI Globe BanKO (BanKO) to BPI, one of the majority owners of the joint venture.

Ayala placed 29th out of 51 companies in Fortune’s first ever “Change the World” list.  Cited for Manila Water’s Tubig Para Sa Barangay program which “allows low income households to afford clean and potable water”, Ayala joins the ranks of global companies such as Google (Alphabet), Toyota, Cisco, GSK, Philips, Novartis, Facebook, IBM, and Unilever.

Ayala Corporation’s net income rose 6 percent to ₱10.4 billion in the first half of the year driven by the double-digit growth in its telecom, real estate, banking, and electronics businesses, and boosted by the positive performance of its power generation unit.


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    Ms. Emily C. de Lara
    Head, Corporate Communications
    Ayala Corporation
  • (+632) 908-3456
  • (+632) 848-5764
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