{"id":351721,"date":"2026-06-16T11:56:22","date_gmt":"2026-06-16T06:26:22","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=351721"},"modified":"2026-06-16T11:56:22","modified_gmt":"2026-06-16T06:26:22","slug":"acen-brings-in-dutch-investor-for-india-solar-project","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/06\/16\/acen-brings-in-dutch-investor-for-india-solar-project\/","title":{"rendered":"ACEN brings in Dutch investor for India solar project"},"content":{"rendered":"

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Photo credit | acenrenewables.com<\/a><\/figcaption><\/figure>\n<\/div>\n

AYALA-LED ACEN Corp. is bringing in a Dutch investor for a solar energy project in India because the renewable energy company continues to expand its presence in considered one of its largest international markets.<\/p>\n

In a disclosure on Monday, ACEN said entities under the corporate had entered into agreements with Diamond India Renewables One B.V. (DIRO) covering the sale of as much as a 49% stake in Tejorupa Renewables India Project Private Ltd., which is developing a 250-megawatt-alternating current (MWac) solar project in Rajasthan, India.<\/span><\/p>\n

Unlimited Renewables Holdings B.V. (URH) and Amsa Solar Holdco Pte. Ltd., each under ACEN, signed a securities subscription and buy agreement and a shareholders\u2019 agreement with DIRO.<\/p>\n

The transaction includes DIRO\u2019s acquisition of as much as a 49% stake in Tejorupa and an initial 10% voting interest within the project company.<\/p>\n

\u201cThe closing of the transaction is subject to the satisfaction of agreed contractual and customary conditions precedent,\u201d ACEN said.<\/span><\/p>\n

The deal comes months after ACEN consolidated control of URH.<\/p>\n

In February, an ACEN subsidiary acquired the remaining 50% voting interest in URH from UPC India Pte. Ltd., giving the corporate full ownership of greater than a gigawatt of renewable energy projects in India.<\/span><\/p>\n

URH is currently developing three renewable energy projects across Rajasthan and Karnataka with a combined capability of 1,059 megawatts, covering each projects under construction and people in advanced stages of development.<\/p>\n

India stays a key growth marketplace for ACEN\u2019s international renewable energy portfolio.<\/span><\/p>\n

As of end-2025, India accounted for 26% of ACEN\u2019s net attributable capability across its international operations. The corporate operates three solar projects within the country with a combined capability of 1,344 megawatts.<\/span><\/p>\n

Overall, ACEN has about seven gigawatts of attributable renewable energy capability across operational, under-construction, and committed projects within the Philippines, Australia, Vietnam, India, Indonesia, Laos, and the USA.<\/p>\n

Shares in ACEN fell seven centavos, or 2.17%, to P3.16 apiece on Monday. \u2014 Sheldeen Joy Talavera<\/b><\/p>\n<\/p><\/div>\n

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Photo credit | acenrenewables.com AYALA-LED ACEN Corp. is bringing in a Dutch investor for a solar energy project in India because the renewable energy company continues to expand its presence in considered one of its largest international markets. In a disclosure on Monday, ACEN said entities under the corporate had entered into agreements with Diamond […]<\/p>\n","protected":false},"author":1,"featured_media":351722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[18727,614,3644,56,4873,4995,3137],"class_list":["post-351721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-acen","tag-brings","tag-dutch","tag-india","tag-investor","tag-project","tag-solar"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/351721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=351721"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/351721\/revisions"}],"predecessor-version":[{"id":351724,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/351721\/revisions\/351724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/351722"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=351721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=351721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=351721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}