AC Energy Inc. is set to make a “massive investment” of about $1 billion in the coming year primarily to scale up its renewable energy (RE) portfolio here and abroad, its top official said.
“We’re looking to build over 1,500 megawatts (MW) of attributable capacity to AC Energy for financial close by 2020. That’s where we’ll deploy the billion dollars,” AC Energy President and Chief Executive Officer Eric Francia said.
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