ACEN $3-B wind farm secures nod

Ayala-led ACEN Corp., through its Australian unit, has secured approval from the Federal Government for the Robbins Island wind project, which is expected to be one of the largest private investments in Tasmania.

- By GABRIELL CHRISTEL GALANG.

The company said the grant comes after more than eight years of assessments by various government levels, including detailed studies of the island’s natural values.

The project is valued at around $3 billion and is expected to power approximately 500,000 households, as well as deliver more than $30 million.

David Pollington, ACEN Australia managing director, said the government’s approval comes at a crucial time, as the country grapples with a stalled energy transition and mounting power challenges.