Driven by fresh equity earnings contribution from its geothermal platform, and boosted by solid contributions from its wind energy assets, AC Energy posted a P3.5 billion net income in 2017, up 31% from the previous year.

This double-digit contribution, together with Ayala Land’s 20% growth and strong equity earnings contributions from the other business units, boosted Ayala Corporation’s 2017 net income by 16% to P30.3 billion.

Read full article at https://www.acenergy.com.ph/2018/04/15/ac-energy-records-31-increase-in-net-income-boosts-ayalas-financial-performance-in-2017/.