AC Energy to acquire 49% stake in Super Energy's Vietnam platformThe file photo shows an array of solar panels. MANILA, Philippines — Listed energy firm AC Energy Corp. (ACEN) said its unit is buying 49% of interest in the Vietnam operations of international renewable energy developer Super Energy Corp. Public Company Ltd. (SUPER) for $165 million. In a disclosure on Wednesday, the Ayala-led company reported that AC Energy Vietnam Investments Pte. Solar NT is set to own and operate nine solar power plants with a total capacity of 837 megawatts (MW) across Vietnam. ACEN hopes to become the largest listed renewables platform in Southeast Asia, as it targets to reach a renewables capacity of 5,000 MW by 2025.

Source: Philippine Star February 02, 2022 11:23 UTC