2023-08-22 19:31
ACEN seals solar power venture with Singaporean firm
MANILA  -The Ayala Group's ACEN Corp. and Ib vogt (Singapore) Pte. Ltd. have obtained regulatory approvals to jointly establish a platform to finance large-scale solar power projects across Asia. In a regulatory filing on Tuesday, ACEN said the shareholders' agreement that had been signed in April by its subsidiary ACEN Renewables International Pte Ltd. with Ib vogt took effect on Friday. It can be recalled that ACEN announced its partnership with the Singaporean firm that would focus on 'shovel-ready projects' in Bangladesh, Laos, Cambodia, Vietnam, Indonesia, Malaysia and other countries in the Asia-Pacific region.

https://business.inquirer.net/417228/acen-seals-solar-power-venture-with-singaporean-firm

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