ACEN acquires shares in 1-GW offshore wind project - BusinessWorld Online

ACEN acquires shares in 1-GW offshore wind project - BusinessWorld Online

AYALA-LED ACEN Corp. said on Tuesday that it is acquiring P2.95 million worth of shares in the holding company behind a planned 1-gigawatt (GW) offshore wind project in Camarines Sur and Camarines Norte. In a regulatory filing, ACEN said it had executed a deed of absolute sale with Danish firm CI NMF Philippines C.V. for the acquisition of 29,500 common shares, priced at P100 each, in CI GMF II Camarines Offshore Wind Energy Corp. CI GMF II Cama…