THE Ayala group’s energy arm AC Energy Holdings Inc. (AC Energy) is looking to further increase its renewable energy (RE) projects in the Philippines following its successful acquisition of the geothermal assets of Chevron in Indonesia and the Philippines, a top company executive said.

“We’re still active. We’re not stopping. We’re still on active lookout for potential acquisitions,” Eric Francia, AC Energy president and chief executive officer, told reporters Wednesday night during an Ayala Corp. event.

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