^
+ Follow MICHIGAN POWER Tag
MICHIGAN POWER
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 678143
                    [Title] => Ayala enters joint venture for hydropower generation
                    [Summary] => 

Ayala Corp. (AC), through its wholly-owned subsidiary Michigan Power Inc., has forged a joint venture with Sta. Clara Power Corp., an independent power producer that focuses on run-of-the-river hydroelectric plants, to mark the conglomerate’s entry into hydroelectric power generation.

[DatePublished] => 2011-04-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 659575 [Title] => Ayala holding firm hikes capital to P56.2 B for new ventures [Summary] =>

Ayala Corp., the holding company for the diversified business interests of the Ayala Group, is raising its capitalization by more than 50 percent to give it enough elbow room to fund profitable and fresh business opportunities.

[DatePublished] => 2011-02-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 311455 [Title] => Ayala goes into power business [Summary] => Signalling its seriousness to go into the power sector, conglomerate Ayala Corp. has formed Michigan Power Inc. as the corporate vehicle for its proposed power ventures.

In a disclosure to the Philippine Stock Exchange, Ayala said it has already filed with the Securities and Exchange Commission the incorporation papers of Michigan Power.

Ayala is eyeing entry into the power sector through the possible acquisition of some assets of the National Power Corp. (Napocor) that are to be privatized.
[DatePublished] => 2005-12-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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