AC Energy Holdings Inc., the investment arm of the Ayala Group for the power sector, is eyeing to double its generating capacity by 2020 as it nears its 1,000-megawatt (MW) capacity target this year, according to its top official.

The company is now setting a 2,000-MW goal in the next four years, a “next natural target” as it will cross its 1,000-MW target within the year, AC Energy president and CEO Eric Francia said.

The energy portfolio target was set as a five-year plan in 2011.

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