ACEN expands US presence

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt (MW) wind project.

Through UPC Power Solutions, ACEN’s joint venture with PivotGen and UPC Solar & Wind Investments LLC, a purchase agreement with EDF Renewables North America has been completed involving the acquisition of the lessee interests in the 38-MW Chestnut Flats operating wind project located near Altoona in Pennsylvania.

ACEN said EDF Renewables would continue to provide asset management and operations and maintenance services for the wind project.

Read more:
https://www.philstar.com/business/2024/01/25/2328244/acen-expands-us-presence

Published : 1-Feb-2024

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