ACEN takes full control of Indian renewables platform
ACEN Corporation has consolidated full ownership of its renewable energy joint venture in India with UPC Renewables, gaining complete control of a 1,059 MWdc portfolio under construction and a development pipeline of nearly 7 GW. The move positions India as a core market in ACEN’s international growth strategy. Through its subsidiary, ACEN Renewables International Pte. Ltd. (ACRI), ACEN acquired UPC Renewables’ stake in the jointly developed platform in India. The transaction gives ACEN 100% ownership…