ACEN adds more Renewable portfolio with Palauig Solar
ACEN listed company, a subsidiary of Ayala Corporation has added to its portfolio a 300MW Palauig Solar farm.
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ACEN listed company, a subsidiary of Ayala Corporation has added to its portfolio a 300MW Palauig Solar farm.
ACEN disclosed today that it is going to acquire 500 Million shares from SPNEC through its Solar Philippines Power Project Holdings Inc and its affiliate Provincia Investments Corp (PIC).
This is a part of previous deal between ACEN and SPNEC group which includes pre-payment for the loan’s principal.