Alsons lists P694 Million Commercial Paper

Alsons Consolidated Resources, Inc. (ACR) – the publicly-listed company of the Alcantara Group, recently re-issued ₱694 million from the first ₱1.5 billion tranche of the company’s Commercial Paper (CP) issuance with the Philippine Dealing and Exchange Corporation (PDEx). This will provide interim funding to help the company’s expansion into...

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President Duterte Leads Launch of Alsons Thermal and Hydro Plants in Sarangani

MAASIM, Sarangani Province (22 November 2019) The Alsons Power Group, the first private sector power generator in Mindanao, marked key milestones for two contrasting power projects in Sarangani Province. President Rodrigo Duterte presided over ceremonies inaugurating the second unit of Alsons Power’s 210– megawatt Sarangani Energy Corporation (SEC) baseload...

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Alsons set to select Zamboanga power plant EPC contractor

Two global construction and engineering contractors have been shortlisted out of five companies that initially submitted bid proposals for the engineering, procurement and construction (EPC) of the Alsons Power Group’s planned 105-megawatt (MW) San Ramon Power, Inc. (SRPI) coal-fired power plant in Talisayan, Zamboanga City. The plant will provide...

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ACR net income surges to P293M in first half

Alsons Consolidated Resources Inc., (ACR) – the publicly listed company of the Alcantara Group – gained significant growth in consolidated net income during the first half of 2019. ACR posted consolidated net earnings of ₱ 293.08 million for the first half of this year from ₱ 120.30 million in the...

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