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ACEN Corp. buys a 49% stake in Vietnam's BIM Energy for $70.5M, expanding its renewable energy goals.
ACEN Corp., a renewable energy company, bought a 49% stake in BIM Energy Holding Corp. in Vietnam for $70.5 million.
This acquisition includes interests in the 405MW Ninh Thuan Solar and 88MW Ninh Thuan Wind projects.
ACEN aims to expand its renewable energy presence in Asia Pacific, targeting a 20 GW capacity by 2030.
The deal enhances ACEN's portfolio in Vietnam and supports its growth strategy.
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ACEN Corp. compra una participación del 49% en BIM Energy de Vietnam por $70.5M, ampliando sus objetivos de energía renovable.