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Top News In தலைமை நிர்வாகி அதிகாரி எரிக் Today - Breaking & Trending Today

AC Energy readies 2030 renewables target


Angelica Y. Yang
AYALA-LED AC Energy Corp. is setting its sights on a new renewable energy goal, this time for 2030 where local and foreign projects will have equal sharing, as it is set to hit its 5-gigawatt (GW) target ahead of the 2025 deadline, its top official said.
“In the next couple of years, you would most likely hear from us regarding our next target. I have no plans of putting another, of revising our 2025 goal,” said AC Energy President and Chief Executive Officer Eric T. Francia in a media briefing on Monday.
“We will most likely set our sights already for 2030, but we’re still going to be calibrating what the right level of renewable target would be,” he added. ....

Lanao Del Norte , Ramons Monzon , Erict Francia , Angelicay Yang , Gnpower Kauswagan , Philippine Investment Alliance For Infrastructure Fund , Gnpower Kauswagan Ltd , Infrastructure Corp , Ac Energy Corp , Ac Energy , National Grid Corporation Of The Philippines , Philippine Stock Exchange , Chief Executive Officer Eric , National Grid Corporation , Philippine Investment Alliance , Infrastructure Fund , Power Partners , Lanao Del , Philippine Stock Exchange President , Chief Executive Officer Ramon , லானோ டெல் நார்ட் , ராமன்கள் மொந்ஸாந் , பிலிப்பைன் முதலீடு கூட்டணி க்கு உள்கட்டமைப்பு நிதி , உள்கட்டமைப்பு கார்ப் , தேசிய கட்டம் நிறுவனம் ஆஃப் தி பிலிப்பைன்ஸ் , பிலிப்பைன் ஸ்டாக் பரிமாற்றம் ,

Nigeria's Biggest Pension Fund Manager Eyes Naira Boost, Infrastructure Investment in 2021


Boosting local industries could help reduce demand for dollars
Faced with bond yields coming off record lows and a hard-to-trade equity market, Nigeria’s biggest pension-fund manager wants the flexibility to invest directly in large local projects.
Financing the development of domestic industries with naira will also ease pressure on the nation’s currency by reducing demand for dollars, said Stanbic IBTC Pension Managers Ltd. Chief Executive Officer Eric Fajemisin. Once up and running, local plants can help cut imports, further benefiting the naira and easing pressure on inflation that’s been decimating returns, he said.
Domestic retirement funds overseeing the equivalent of $30 billion are looking for new places to invest. That’s after yields on government debt that account for the bulk of their investments plunged because too much cash flooded into the system. The lack of enough high quality stocks, few options by way of derivative products and small corporat ....

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Biggest Nigerian Pension Fund Manager Plan to Help the Naira


Biggest Nigerian Pension Fund Manager Plan to Help the Naira
Bloomberg
12/23/2020
Emele Onu
(Bloomberg) Faced with bond yields coming off record lows and a hard-to-trade equity market, Nigeria’s biggest pension-fund manager wants the flexibility to invest directly in large local projects.
Financing the development of domestic industries with naira will also ease pressure on the nation’s currency by reducing demand for dollars, said Stanbic IBTC Pension Managers Ltd. Chief Executive Officer Eric Fajemisin. Once up and running, local plants can help cut imports, further benefiting the naira and easing pressure on inflation that’s been decimating returns, he said. ....

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AC Energy approves nearly P11B in funding for solar, wind projects


December 18, 2020 | 12:08 am
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AYALA-led AC Energy Philippines, Inc. (ACEN) has approved a total of P10.81 billion in funding for a solar energy project and a wind farm, the firm told the local bourse on Thursday.
Its board of directors greenlit the financing of a solar plant project in Arayat and Mexico, Pampanga, through a secured loan, which would cover 100% of the project cost at P3.33 billion.
The firm also authorized the P7.48-billion funding of a wind farm project in Pagudpud, Ilocos Norte. This would take up 70% of the total project cost.
ACEN also approved the preparatory works needed for the planned follow-on offering, and a special audit of the company’s increase in authorized capital stock with multidisciplinary professional services firm SyCip Gorres Velayo & Co. ....

La Union , Davao City , Ilocos Norte , Angelicay Yang , Erict Francia , Sycip Gorres Velayo Co , Philippine Energy Independence Council , Ac Energy , Ac Energy Philippines Inc , European Chamber , Sycip Gorres Velayo , Chief Executive Officer Eric , Lanao Del Norte , லா தொழிற்சங்கம் , தவோ நகரம் , பிலிப்பைன் ஆற்றல் சுதந்திரம் சபை , ஐரோப்பிய அறை , தலைமை நிர்வாகி அதிகாரி எரிக் , லானோ டெல் நார்ட் ,