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ACEN inks deals for Sinocalan shares

ACEN Corp. on Monday announced that it had signed documents pertaining to the company's acquisition of Sinocalan Solar Power Corp.

In a disclosure to the stock exchange, ACEN said the documents signed were the deed of absolute sale of shares with Sungrow Power Renewables Corp. (SPRC) for the acquisition by ACEN of SPRC's 4,400 Class A common shares in Sinocalan Solar Power Corp. (SSPC) and the deed of absolute sale of shares with Havilah AAA Holdings Corp. for the acquisition by the energy firm of Havilah's 600 Class B common shares in SSPC.