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ACEN takes over Quezon wind project
The Philippine Star
|August 02, 2024
Ayala-led ACEN Corp. has further heated up its power game as it takes full control of a massive, onshore wind project in Quezon province, touted to be the largest of its kind in the country.
In a regulatory filing, ACEN said it signed a share purchase agreement and deed of absolute sale of shares with boutique RE firm Maraj Energy and Development Corp. to buy out its stake in Real Wind Energy Inc. (RWEI).
RWEI is a special-purpose vehicle (SPV) for the development and operation of the 500-megawatt (MW) wind energy project in the municipality of Real in Quezon.
The transaction involves the purchase of the remaining 6,000 common shares held by Maraj Energy in RWEI.
Diese Geschichte stammt aus der August 02, 2024-Ausgabe von The Philippine Star.
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