ACEN to boost Australian renewables projects with new investment
Philippines-based energy company ACEN Corporation plans to bolster its renewable energy initiatives in Australia after sealing a $75 million green term loan facility that will help fund the delivery of an 8 GW portfolio of solar, wind, battery storage and pumped hydro projects.
ACEN finalises acquisition of UPC/AC Renewables JV
The New England and Stubbo solar farms in regional New South Wales are now 100% owned by ACEN after the Philippines-based energy company, through its subsidiary ACEN Renewables International, completed its acquisition of the development platform UPC/AC Renewables Australia.
ACEN Australia plans to accelerate rollout of renewables portfolio
Philippines-based energy company ACEN Corporation plans to capitalise on Australia’s “unparalleled renewables potential” after securing a $277 million (USD 191 million) loan facility which it says will be accelerate the delivery of an 8 GW clean energy portfolio that includes solar, wind, battery storage and pumped hydro.
Renewable projects report prompts call for energy market reform
The Clean Energy Council has reiterated calls to reform the grid connection process to provide increased certainty and security for investors after a new report revealed only one renewable energy generation project reached financial close in Australia in the third quarter of 2022.
ACEN gives green light for 400 MW Stubbo Solar Farm
The Australian arm of Philippines-based clean energy company ACEN Corporation has pressed go on the 400 MW Stubbo Solar Farm to be built near Dubbo in the New South Wales central west.
ACEN commits $800 million for 600 MW solar and storage project
A solar PV and battery energy storage project planned for the New South Wales Central West tablelands has achieved a major milestone with project developer ACEN Corporation approving $800 million for the construction of the 400 MW Stubbo Solar Farm.
Philippines’ AC Energy finds another way to grow its renewable energy holdings in Oz
After a failed bid last year to gain control of Australia’s Infigen Energy, Philippines-based AC Energy takes over its partner’s 51.6% stake in UPC\AC Renewables.
600 MW solar+battery project gets NSW government go-ahead
A massive solar+storage project in the New South Wales Central West tablelands has received the tick of approval from the state’s Department of Planning and Environment with construction likely to commence on the $418 million Stubbo Solar Farm in 2022.
Scoping out planned 400 MW Stubbo Solar Farm
Stubbo Solar Farm has submitted a scoping report to the NSW Department of Planning, Industry and Environment, the first step of a State Significant Development.
