Philippines’ AC Energy to acquire 49% stake in Vietnam solar firm

Philippines’ AC Energy to acquire 49% stake in Vietnam solar firm

Photo: Andreas Qucklhorn / Unsplash.com

AC Energy Philippines (ACEN), the power generation unit of conglomerate Ayala Corp, announced that it is acquiring a 49% interest in Solar NT, the solar unit of Thailand’s Super Energy Corp in Vietnam, for $165 million.

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