ACEN Corp. and the BIM Group, through their respective subsidiaries, received financial support amounting to $107 million from various lenders. Know more:
ACEN Corp. and the BIM Group, through their respective subsidiaries, received financial support amounting to $107 million from various lenders.
The amount is meant to support the two companies’ first wind project and second joint venture in Vietnam, the 88 MW Ninh Thuan wind farm located in South Central Vietnam. It sends an important message to the market to scale up climate-resilient investments with sufficient speed to help deliver our respective Net Zero goals,” said ACEN international CEO Patrice Clausse.
ACEN and the BIM Group jointly developed the Ninh Thuan wind farm, which commenced operations in September 2021. It is expected to produce 339GWh of renewable energy per year that can help avoid 215,000 tons of CO2 emissions annually.
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