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Alsons takes on Mindanao power firm as Thais exit

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alsons

Alsons Consolidated Resources Inc. (ARC) is buying out Thai-led partner Egco International (BVI) Ltd. to take control of Conal Holdings Corp., which is heavily invested in Mindanao’s energy sector.

Posted: July 10th, 2013 in Latest Business Stories | Read More »

Alsons sets $1.35B in power projects

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alsons

Alsons Consolidated Resources Inc. (ACR), the publicly listed firm of the Alcantara group of companies, is lining up as much as $1.35 billion in energy projects until 2017 amid booming demand for electricity in Mindanao, where the group’s pipeline will be focused.

Posted: May 27th, 2013 in Latest Business Stories | Read More »

Alsons seeks partners for power plant

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alsons

Alsons Consolidated Resources Inc. of the Alcantaras is planning to tap strategic equity partners that will help fund its planned $900-million (or roughly P36.9 billion) coal-fed power plant at the Tampakan copper-gold mine site in South Cotabato.

Posted: April 8th, 2013 in Latest Business Stories | Read More »

Alsons seeks equity partner for power project

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alsons

The Alcantara-led Alsons Consolidated Resources Inc. is considering Japan’s Toyota Tsusho Corp., the trading company of the Toyota Group, as a possible equity partner for its planned $311-million coal-fired power plant in Zamboanga City.

Posted: February 11th, 2013 in Latest Business Stories | Read More »

Alsons to secure new loans to bankroll projects

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Alsons Consolidated Resources Inc. of the Alcantara family is set to tap new loan facilities to help raise funds for roughly P14 billion worth of power projects in Mindanao.

Posted: January 21st, 2013 in Headlines | Read More »

Mindanao power crisis may worsen in 2013

The power supply situation in Mindanao during the summer of 2013 remains highly critical and may possibly mirror the 10-hour power outages experienced in 2010, unless the government is able to successfully pull off all the measures needed to plug the shortfall.

Posted: October 25th, 2012 in Headlines | Read More »

Alsons posts 7% growth in Q1 revenue

Alsons Consolidated Resources Inc. (ACR), the listed holding company of the Alcantara Group—reported a 7-percent increase in its first-quarter revenue to P727.5 million from P672.8 million a year ago.

Posted: May 9th, 2012 in Headlines | Read More »

Alsons reports 20% jump in 2011 net income

Alcantara-led Alsons Consolidated Resources Inc. posted a 20-percent increase in its net income to P455 million in 2011 from P378 million a year before.

Posted: February 21st, 2012 in Headlines | Read More »

Alsons profit as of Sept. soars 58% to P402.4M

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Listed firm Alsons Consolidated Resources Inc. (ACR) posted a 58-percent hike in net income to P402.4 million in the first nine months, from P254.2 million in the same period last year.

Posted: November 18th, 2011 in Headlines | Read More »

Alsons eyes P1B in fishery sales

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The Alcantara Group expects its aquaculture business to post more than P1 billion in sales this year. “That’s about 17 percent higher from last year,” Alsons Consolidated Resources Inc. president and chairman Tomas I. Alcantara told reporters. The main growth drivers are exports to the United States and Canada, Alcantara said. Exports account for about [...]

Posted: June 22nd, 2011 in Headlines | Read More »

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