Category: Events

The much awaited launching of Block 17 as the famed Golfers’ Lane by the A Brown Company Inc. (ABCI) will take place this coming Saturday, March 02, 2013 at Brgy. Bonbon, Butuan City.

Equipped with top-of-the-line amenities, the ongoing golf course development is part and parcel of the innovation of the project West Highlands, a golf and residential estates in Butuan City.

Moreover, it will be the very first 9-hole public golf course in the whole Caraga Region.

DOT Caraga has been engaged in marketing and promotions for sports tourism as another product. This is expected to create significant opportunities to generate substantial revenues for the golf and boost the tourism industry in Butuan City.

ABCI is a publicly listed company engaging in real estate development business. It is famous in Cagayan de Oro City as the developer and proprietor of Xavier Estates, a high-end Class A residential subdivision. Other premier projects include the Teakwood Hills and Ventura Residences in Cagayan de Oro, Valencia Estates and Mountain Pines Farm in Bukidnon, and the latest, the West Highlands in Butuan City.

Source: https://dotcaraga.ph/region/sports-tourism-to-boost-with-the-launching-of-golfers-lane-in-butuan-city/

A Brown Company, Inc. announced the incorporation of Peakpower Energy, Inc.. The Company will be subscribing to 40 million common shares of Peakpower, representing 100% of its outstanding capital stock. The activities of Peakpower are to purchase, acquire, own, and hold, shares of stock, equity, rights, and property of energy companies, firms, associations, or corporations and other personal properties as may be necessary or incidental to the conduct of the corporate business, and to pay in cash, shares of its capital stock, debentures and other evidences of indebtedness, or other securities, as may be deemed expedient, for any business or property acquired by the corporation and to provide management services and/or shared services to its subsidiaries and affiliates or to third parties engaged in the energy business.

Source: https://www.reuters.com/finance/stocks/BRN.PS/key-developments/article/2692617

MANILA – The Ayala Corp. and A. Brown Company, Inc. on Tuesday broke ground for their clean coal power plant in Brgy. Nipa, Concepcion, Iloilo.

The power plant is a project of Ayala Corp.’s AC Energy Holdings, and A. Brown and its subsidiaries, namely Palm Thermal Consolidated Holdings Corp., Palm Concepcion Power Corp. and Panay Consolidated Land Holdings Corp.

“The power plant will use the circulating fluidized bed combustion (CFBC) technology which is one of the most advanced and most fuel-efficient plant in the Visayas,” Roel Z. Castro, president and chief executive officer at Palm Concepcion Power Corp., said in the statement.

“It will use the latest Alstom Technology (Europe) for its steam turbine and generator,” he added.

The project is expected to help ease the expected tight power supply situation in Panay and the Visayas grids by 2015.

Source: https://www.abs-cbnnews.com/business/01/15/13/ayala-brown-break-ground-iloilo-power-plant

By Cheng OrdoÑez

Whether you are into rural or urban living, I bet, you are just like the rest of us in at least one respect. When it comes to the countryside, nothing beats staying in a resort with the amenities of nature within reach, because we all expect the earth in its motherly form – an embracing, comforting sanctuary.

And what do we expect from a resort? Name them and you’ll surely miss them. It’s because they are not yours for a long-time living.

Until A Brown Company Inc. decided to offer the first ever residential resort at the most accessible coastal town just between two of the urbanized cities in Northern Mindanao.

Overlooking the tranquil waters of Iligan Bay, Coral Resort Estates offers a sanctuary for the privileged few.

Situated in Barangay Pagahan, Initao town, Misamis Oriental, Coral Resort Estates is seated about 39 km. west of Cagayan de Oro City, 29km. east of Iligan City and some 16 km. southwest of the new Laguindingan International Airport.

In it, there is always something for every member of the family – a putting for dad, a meditation garden for mom and aquasports facilities for the kids.

Other outdoor amenities include a gazebo, parks and playground, infinity pool, view deck, floating jetty, a diving area and a clubhouse with open lounge, function hall and a restaurant — all for the exclusive use of residents only.

What a great way to enjoy your weekend – in your own resort home. Already, a model house stood within for you to view – so typical like one of those you stayed on briefly.

Remember the open veranda where you stared at sunset or simply listened to the waves touching the sand? It’s there, and there for you to stay for as long as you want, because it’s your home.

Remember the last time you sat down in one of the beach benches you stayed with your family? Remember the people you watched swimming, sun bathing? Remember the feeling of having to watch birds fly just a little above the surface of the sea to hunt for their prey? Remember what it feels like when the night cold wind from the shore touches your skin? Remember, what you hear as the sun rises and how wonderful it was to have breakfast in an open veranda? Remember, what you smell out of the sea shore while you were walking barefoot in the sand?

They’re all gone now.

But, A Brown’s offer on the first residential resort in Initao – either house and lot or lot only — will not only bring back those beautiful memories. They’re yours lifetime – your home after all.

All the things that are happening around you in a resort – experience them at Coral Resort Estates and rediscover nature at its full splendor.

Be one of the very few to own a resort home. A Brown’s first ever resort home estate – Coral Resort Estates. It’s paradise on earth.

A Brown Inc. is also the developer of the following estate properties: Xavier Estates (CDO), Ventura Residences (CDO); Taekwood Hills (CDO); Valencia Estates (Bukidnon); West Highlands (Butuan); Mountain Pines Farm (Manolo Fortich, Bukidnon); Xavierville (CDO); and Saint Therese (CDO).

Source: https://www.businessweekmindanao.com/2013/10/25/coral-resort-estates-first-ever-residential-resort-in-northmin/

MANILA, Philippines—A. Brown Co. Inc. subsidiary Peakpower Energy Inc. signed an Electric Power Purchase Agreement (EPPA) with the Agusan del Sur Electric Cooperative Inc. (Aselco) early this month.

In a statement, A. Brown said the agreement was in line with efforts of both parties to address the power crisis in Mindanao.

Under the deal, to be submitted to the Energy Regulatory Commission for approval, both parties agreed on the installation and operation by Peakpower of a complete and fully operational 5-megawatt bunker-fired power plant within Aselco’s franchise area. The project will be under a build-operate-maintain-transfer framework.

“We’re grateful to Aselco’s management for their positive outlook and their acceptance of our proposal,” Peakpower president Roel Z. Castro said.

“The proposed power project is very timely since Aselco is in immediate need of generating capacity for its peaking requirements. We need this to fulfill our mandate and to address the adverse effects of the electricity crisis in our area,” Aselco president Joel Q. Jumonong said.

Aselco has the exclusive franchise to own and operate a system for the distribution of electricity in the City of Bayugan and the municipalities of San Francisco, Prosperidad, Rosario Trento, Bunawan, Veruela, Sta. Josefa, Loreto, Sibagat, Esperanza, Talacogon, La Paz and San Luis in Agusan del Sur. The power cooperative is also mandated to provide reliable power supply for consumers in its franchise area.

Currently, Mindanao is experiencing power shortage due to the curtailment of power generation capacities by National Power Corp./Power Sector Assets and Liabilities Management Corp. The shortage is most severely felt during hours of the day when power demand is at its peak.

Due to the power supply deficiency, Aselco was compelled to implement manual load dropping and brown-outs within its franchise area during peak hours. This leads to massive business and industry losses and grave inconvenience to customers.

ABCI and Aselco see the urgency of setting up the new power facility since there is no new large generating capacity scheduled to come online in the Mindanao grid in the next three years.

Aside from power, ABCI also has interests in real estate, agribusiness and investments in listed companies. A publicly-listed company since 1994, ABCI, through subsidiary Palm Thermal Consolidated Holdings Corp., is also involved in the development of the 135-MW coal-fired power plant project in Concepcion, Iloilo.—Riza T. Olchondra

Read more: https://business.inquirer.net/123829/a-brown-unit-inks-power-purchase-deal#ixzz2lRgkw7lw
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Source: https://business.inquirer.net/123829/a-brown-unit-inks-power-purchase-deal