ACEN completes UPC Renewables acquisition

By Ed Paolo Salting

Feb 03, 2023 12:14 am

AYALA renewable energy ACEN, through its subsidiary ACEN Renewables International (ACRI), has completed the acquisition of UPC Renewables Asia Pacific Holdings (Upcaph).

ACRI and UPC Renewables Asia Pacific Holdings (Upcaph) signed an agreement for the transfer to ACRI of Upcaph's remaining 4,766 ordinary shares in UPC-AC Energy Australia Ltd., which completes the second and final tranche of ACRI's acquisition of ACEN Australia.

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