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Home » Finance » ACEN Corp’s Renewables Arm Secures $100 Million Debt to Drive International Expansion
Finance

ACEN Corp’s Renewables Arm Secures $100 Million Debt to Drive International Expansion

By Stanley SheltonDecember 13, 20231 Min Read
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Credit: ACEN
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ACEN Corp's renewables subsidiary has successfully secured a USD 100 million (EUR 92.8m) green term loan facility from MUFG Bank Ltd, a unit of Mitsubishi UFJ Financial Group (MUFG). The five-year debt facility, arranged and coordinated solely by MUFG, is aimed at supporting the expansion of ACEN Renewables International Pte Ltd in overseas markets, including

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