Alsons Consolidated Resources Inc (Philippines)

Alsons Consolidated Resources, Inc. (ACR) is a company located in Makati, Philippines. It was incorporated on December 24, 1974 as Victoria Gold Mining Corporation and later changed its name to Terra Grande Resources, Inc. in March 1995. In June 1995, the company changed its name to Alsons Consolidated Resources, Inc. and became an investment holding company. ACR's main businesses are in the energy and power, property development, and other investments sectors. In the energy and power sector, ACR owns several subsidiaries and associates involved in power generation, including Conal Holdings Corporation, Alsing Power Holdings, Inc., Alsons Renewable Energy Corporation, and Alsons Thermal Energy Corporation. These companies operate diesel and hydro power plants in Mindanao, providing stable power supply to the region. In the property development sector, ACR's subsidiary, Alsons Land Corporation, is engaged in the development of the Eagle Ridge Golf & Residential Estate in General Trias, Cavite. The estate offers golf courses and residential lots. ACR also has investments in other sectors, including mining through its subsidiary ACR Mining Corporation. The company has interests in the exploration and development of mining claims in Davao del Norte and Compostela Valley. ACR is considering further investment opportunities in the energy sector in Mindanao.