Ayala’s AC Energy readies Ps16bn share sale

Jonathan Breen

April 23, 2021 06:00 am

Solar power farm Australia from Adobe 29May20 575x375 — Aerial view of a large solar farm for renewable energy supply in Canberra, Australia | Steve - stock.adobe.com

Philippines-based renewable power producer AC Energy Corp is drumming up demand for an up to Ps15.7bn ($323.7m) follow-on offering, scheduled for next week.

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Topics

CITIC Securities UBS Equity Philippines Asia Follow-ons and Rights Issues Asia Southeast Asia Asean Asia Pacific Follow-ons and Rights issues Emerging Markets

JB

Jonathan Breen

Equities editor GlobalCapital Asia