ACEN, a Philippines-based renewable energy developer, has acquired full ownership of its India development platform through subsidiary ACEN Renewables International Pte. Ltd. (ACRI). The acquisition has resulted in ACEN fully owning a 1,059 MW DC (819 MW AC) diversified renewables portfolio across Rajasthan and Karnataka locations. This India platform includes three renewable projects under construction and advanced development alongside a pipeline of nearly 7 GW of renewable energy projects across India. UPC Renewables has been identified as a long-standing partner of ACEN across the Philippines, Indonesia, Vietnam and Australia.
ACEN has taken full ownership of India renewables platform
UPC Renewables’ partnership platform in India has transitioned to full ACEN ownership, covering a 1,059 MW DC (819 MW AC) portfolio and nearly 7 GW pipeline.
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