Alsons lists 4th tranche of Php 3 billion Commercial Paper Program with PDEx

Alsons Consolidated Resources Inc. (ACR) of the Alcantara Group successfully raised Php 516.7 million worth of Commercial Paper (CP) from the fourth tranche of its ₱3 billion CP Program with the Philippine Dealing and Exchange Corporation (PDEx) The funds raised will primarily be used for ACR’s general working capital purposes. “We are committed to providing […]

Alsons Power joins SOCCSKSARGEN Power Summit

The Group was represented by Vice President for Legal and Regulatory Compliance Atty. Lumen P. Balboa, Vice President for Corporate Affairs Ruben G. Tungpalan, Community Relations and External Manager Joel E. Aton, Government Relations Manager Monolo T. Labor, and Corporate Communications Senior Supervisor Renante M. Garcia.

Alsons Power scholar is now an Olympian

Alsons Power scholar Rosegie Ramos etched her name in Olympic history, securing a spot at the highly anticipated 2024 Paris Olympics after a resounding triumph in the 49-kg category at the International Weightlifting Federation (IWF) World Cup held in Phuket, Thailand last April 1. The 20-year old Zamboanguena weightlifter dominated Group B with an impressive […]

Alsons Power InnovCon 2024: Igniting the Path to Innovation

In a bid to foster a culture of innovation and excellence, Alsons Power Group staged its inaugural Innovation Conference (InnovCon) under the theme “Innovation: It’s for Everyone.” The event held on March 21 in General Santos City served as a platform to champion the transformative power of innovation, continuous improvement, and collaboration across the organization. […]

Alsons Power Announces Retirement of Mr. Tirso G. Santillan, Jr. as CEO, After 30 Years

Alsons Power Group, the power business unit of the Alcantara Group, has officially announced the retirement of Tirso G. Santillan, Jr. as Executive Vice President and Chief Executive Officer (CEO), effective March 31, 2024. Succeeding him as CEO is the group’s current Deputy CEO Antonio Miguel B. Alcantara starting April 1, 2024. With a career […]

Alsons Consolidated Resources Reports 22% Increase in Net Income, Reaching 2.2B in 2023

Alsons Consolidated Resources (ACR), the publicly listed company of the Mindanao anchored Alcantara Group, saw its net income for 2023 increase by 22% to Php2.285 billion, up from Php1.875 billion in 2022. This growth underscored the growing demand for power in its core markets in Mindanao. ACR also recorded 3% growth in revenue, generating Php12.4B […]

Alsons Power Eyes to Skill 1,800 Mindanaoans in Two Years

Alsons Power Group is committed to enhancing its collaborative efforts with the Technical Education Skills Authority (TESDA) in SOCSKSARGEN along with the local governments, to meet the increasing demand for skilled technical-vocational graduates in the Mindanao region.