ACEN Buys 25% Stake in Camarines Sur Offshore Wind Project

ACEN buys 25% stake in Camarines Sur offshore wind project

MANILA, Philippines — ACEN Corp., the Ayala Group’s listed energy platform, is acquiring a 25-percent stake in the proposed offshore wind project of Copenhagen Infrastructure Partners (CIP) Growth Markets Fund II in Camarines Sur. In a disclosure on Thursday, ACEN announced the signing of definitive agreements with CIP Growth Markets Fund II for the project,

Copenhagen Infrastructure Partners and ACEN to team up on the Philippines' first large-scale offshore wind project

Copenhagen Infrastructure Partners, through its Growth Markets Fund II, has signed an agreement with ACEN, the listed energy company of the Ayala group, to sell a 25% minority stake in the San Miguel Bay offshore wind project in Camarines Sur subject to applicable regulatory approvals.

Windtech International - Copenhagen Infrastructure Partners and Acen collaborate on offshore wind project in the Philippines

Copenhagen Infrastructure Partners, through its Growth Markets Fund II, has signed an agreement with Acen, the energy company of the Ayala group, to sell a 25% minority stake in the San Miguel Bay offshore wind project in Camarines Sur. The transaction is subject to regulatory approval.

CIP sells minority stake in wind project off the Philippines

Acen, part of the Ayala group, has signed definitive agreements with Copenhagen Infrastructure Partners (CIP) to acquire a 25% minority stake in the proposed offshore wind project in the Philippines. The stake in the 1GW offshore wind farm was bought for an undisclosed amount from CIP’s Growth Markets Fund II. It is set to be …