ACEN wins regulatory approval to buy 136 MW wind portfolio in Texas
ACEN Corp. has received approval from the US Federal Energy Regulatory Commission (FERC) to acquire eight operating wind power projects in Texas, USA. Under the deal, ACEN's joint venture company, UPC Power Solutions LLC, will buy 136 MW of wind assets from GlidePath Power Solutions LLC.
ACEN currently owns 4,000 MW of capacity attributable to owned facilities in Australia, India, Indonesia, the Philippines, and Vietnam, with renewables accounting for 98% of that capacity, one of the highest percentages in the region.
The company plans to become Southeast Asia's largest listed renewables platform, with a goal of achieving 20 GW of renewables capacity by 2030. The acquisition of eight wind power projects in Texas will take the company closer to achieving its renewable capacity goal.
Country updates
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June 05, 2023
Linea Energy completes acquisition of 490 MWdc solar PV project in Texas from Horus Energy
Linea Energy has completed the acquisition of the 490 MWdc solar photovoltaic project located in Texas, USA from Horus Energy. The project is designed to generate enough power for up to 63,000...
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June 02, 2023
AES opens first phase of 454 MW wind project in Arizona
The AES Corporation has commenced the commercial operations of the 238 MW first phase of its 454 MW Chevelon Butte wind project located in Coconino and Navajo Counties, Arizona, USA. The wind farm is...
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June 02, 2023
Cordelio completes financing for 171 MW wind project in Illinois
Cordelio Power has concluded the US$301 million construction loan facility and US$157 million tax equity agreement for the 171 MW Moraine Sands wind project located in Mason County, Illinois, USA. The...
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May 31, 2023
Ørsted buys uncontracted offshore wind seabed from Eversource
Ørsted has signed an agreement with Eversource Energy to acquire its 50% stake in the uncontracted federal offshore wind lease area for US$625 million, thus securing the strengthening of its po...
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May 25, 2023
PPA signed for 200 MW Solar PV Project in USA
Toyota Motor North America Inc. has signed a power purchase agreement with Savion for the 100 MW of electricity to be generated by Martin County Solar Project in kentucky, USA.
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