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Alsons sets focus on two hydro facilities in 2022 - BusinessWorld Online

Alsons sets focus on two hydro facilities in 2022 - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Alsons refocuses to hydro, solar technologies

Alcantara-led Alsons Consolidated Resources Inc. (ACR) will be re-focusing energy project developments into hydro as well as solar farm ventures in the Visayas and Mindanao grids starting this year until the next five years.

With the targeted completion of its first 14.5-megawatt Siguil hydropow ....

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Alsons maps hydropower expansion, eyes 7 projects

BusinessWorld
May 21, 2021 | 12:06 am
ALSONS Consolidated Resources, Inc. is in the process of completing the development phase of two new hydropower plant projects, the company said on Thursday, as it stepped up its entry into renewable energy with an expected capacity of 78.5 megawatts (MW).
The Mindanao power generator will be adding seven more run-of-river hydroelectric power plants to its portfolio after announcing its initial venture into renewables via the 14.5-MW Siguil hydro power plant in Sarangani province.
The next two hydropower plants in Zamboanga del Norte and Negros Occidental “are now in the process of completing the development phase as we expect to be able to update you on their status towards the end of this year,” Alsons Executive Vice-President Tirso G. Santillan, Jr. said at the listed company’s annual stockholders meeting. ....

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Alcantara retires as Alsons chairman

Tomas I. Alcantara (Photo credit: https://www.acr.com.ph)
Taking his place is his older brother, Nicasio I. Alcantara, who will be pursuing the company’s aggressive expansion projects in the power sector, primarily renewable energy as the next focus of its investments trajectory.
ACR announced that Tomas Alcantara, known to their employees and executives as “TIA”, will remain as board director in the company. No particular details were given on his current state of health, which prompted his decision to finally pass the baton to another family member in leading their corporation.
Nicasio I. Alcantara (Photo credit: https://acrmc.com.ph/) ....

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Alsons appoints Nicasio Alcantara as president, chairman

February 19, 2021 | 12:05 am
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ALSONS Consolidated Resources, Inc. (ACR) on Thursday has named a new president and chairman to lead the firm starting March.
In a disclosure to the local bourse, ACR said that Nicasio I. Alcantara would be the next president and chairman of the company, which was helmed by Tomas I. Alcantara.
It said Tomas Alcantara decided to retire for health reasons, but would remain a director of the company. His retirement would take effect on March 1, the firm said.
Nicasio Alcantara previously led ACR as its chairman and president from 1995 to 2001. From 2001 to 2009, he was the chairman and chief executive officer of Petron Corp. At present, he is the chairman of ACR Mining Corp. and an independent director of Phoenix Petroleum Philippines, Inc. ....

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