Acen shells out P3B to partly fund PH’s biggest windmill farm

AC Energy Corp. (Acen) is infusing about P3 billion into a subsidiary to partially fund a 160-megawatt wind farm in Pagudpud, Ilocos Norte, construction of which has just started. Tagged at P11.4 billion, the project dubbed Balaoi and Caunayan wind farm is a joint venture with longtime partner UPC Renewables. To make the fund available, … Continue reading Acen shells out P3B to partly fund PH’s biggest windmill farm