Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  PHILIPPINE STOCK EXCHANGE, INC.  >  Ayala Corporation    AC   PHY0486V1154

AYALA CORPORATION (AC)
Mes dernières consult.
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Ayala : AC Energy to enter Australian renewables market

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/23/2018 | 02:22pm CEST

AC Energy, a wholly-owned subsidiary of Ayala Corp. (AC), on Wednesday announced its entry into the Australian renewables market through a joint venture with UPC Renewables.

In a filing on the local bourse through its parent company, AC Energy said it will invest $30 million for a 50-percent ownership in the Australian business of UPC, an international renewable energy developer.

The local company will also provide a $200-million facility to fund project equity for the project, it said in the disclosure submitted by investor relations head Celeste Jovenir.

"AC Energy is very excited to invest into UPC Renewables Australia as it complements AC Energys goal to exceed 5,000 MW (megawatts) by 2025," AC Energy president and CEO Eric Francia said.

"The UPC Renewables Australia platform is focused on large-scale projects and is managed by a high-quality management team," he added.

UPC is currently developing the 1,000-MW Robbins Island and Jims Plain projects in North West Tasmania and the 600-MW New England Solar Farm in New South Wales.

It also has a further development portfolio of another 3,000 MWs located in North South Wales, Tasmania, and Victoria.

"The Robbins Island project itself is a very large site and together with Jims Plains have some of the best proven wind resources in the world, and the New England Solar project has excellent solar resource within close proximity to Transmission," Francia said.

(c) Publishing Rights Reserved to Bahrain News Agency 2003 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AYALA CORPORATION
05/23AYALA : AC Energy to enter Australian renewables market
AQ
05/22AYALA : AC Energy seeks investors for $2-B thermal platform
AQ
05/21AYALA : AC Energy selling 50% of thermal power projects
AQ
05/21AYALA : Volkswagen PH unveils 2018 new models
PU
05/16AYALA : Former Ayala exec joins Finance dept
AQ
05/10AYALA : of Companies wins at 2018 StartegicRISK Asia Pacific Risk Management Awa..
PU
05/10AYALA : of Companies wins at 2018 Strategicrisk Asia Pacific Risk Management Awa..
PU
05/06AYALA : AC Energy mulls more Indonesia power projects
AQ
05/05AYALA : AC Energy mulls more Indonesia power projects
AQ
05/02AYALA : Japan Confers Decoration on Chairman Emeritus of Ayala Corporation Jaime..
PU
More news
News from SeekingAlpha
05/11Ayala Corp. ADR 2018 Q1 - Results - Earnings Call Slides 
03/13Ayala Corp. ADR 2017 Q4 - Results - Earnings Call Slides 
2016WALL STREET BREAKFAST : A Merry Christmas For European Lenders? 
2016Chevron offloads geothermal assets in Southeast Asia 
2016An Update On The Philippines And The iShares Philippines ETF 
Financials ( PHP)
Sales 2018 270 B
EBIT 2018 58 010 M
Net income 2018 32 314 M
Debt 2018 297 B
Yield 2018 0,69%
P/E ratio 2018 18,42
P/E ratio 2019 15,91
EV / Sales 2018 3,29x
EV / Sales 2019 2,89x
Capitalization 590 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 1 103  PHP
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Jaime Augusto Zobel de Ayala Executive Chairman & Chief Executive Officer
Fernando Zobel de Ayala Vice Chairman, President & Chief Operating Officer
Jose Teodoro K. Limcaoco CFO, MD, Chief Risk Officer, & Group Head-Finance
Maria Angelica B. Rapadas Chief Information Officer
Delfin Lapus Lazaro Non-Executive Director
Sector and Competitors