2021/08/05 12:00
AC Energy subsidiary to enter a joint venture with NEFIN to develop, construct, and operate rooftop solar projects across Asia
Primary infusion of US$ 10 million investment, with commitment of further funding for pipeline projects
Geographies covered include Hong Kong, Malaysia, China, and Taiwan, with potential expansion to other Australasian countries HONG KONG SAR - Media OutReach - 5 August 2021 - AC Energy Corporation (ACEN), through its wholly-owned subsidiary, AC Renewables International (ACRI), has obtained board approval to enter into a joint venture with NEFIN Holding Limited (NEFIN), a leading solar photovoltaic developer and investor in carbon neutrality solutions. ACEN and NEFIN will establish a 50/50 joint venture holding company that will develop, construct, and operate rooftop solar projects across Asia.