A Brown Company’s subsidiary to sell its shares in Palm Concepcion Power

​On 14 July 2025, the Board of Directors of A Brown Company, Inc.’s subsidiary, ABC Energy Inc. (ABCEI) approved the proposal to sell its 20% equity interest in Palm Concepcion Power Corporation, a domestic corporation engaged in power generation and operating a coal-fired plant in Panay Island.

​The divestment will enable A Brown Group to access additional capital in support of its strategic objectives. The Group intends to allocate these proceeds toward strengthening core business segments, accelerating green energy initiatives, and reducing debt to enhance capital efficiency. Furthermore, the Group will proactively pursue investment opportunities in new sectors to diversify and secure long-term revenue streams.

The transaction is a strategic move that allows the Group to unlock value from a minority, non-controlling stake and redeploy capital into high-impact opportunities that enhance long-term value creation and drive shareholder returns.