ACEN secures A$750M loan for Australian renewables

ACEN Corp., an Ayala-led company, secured a A$750 million loan from eleven Australian and international financial institutions to fund its renewable energy projects in Australia.

The funds will support ACEN Australia's existing clean energy assets and finance new projects like the 520-megawatt direct current Stubbo Solar project in New South Wales and the 521-MWdc New England solar project.

ACEN Australia Managing Director David Pollington stated that this financing establishes a robust funding base for renewable portfolio projects including wind, solar, pumped hydro, and battery storage.

One local bank, CTBC Bank (Philippines) Corp., also contributed to the debt financing as part of ACEN's diverse capital base.

The transaction demonstrates ACEN's ability to attract top-tier financial partners and reflects growing investor interest in high-quality renewable infrastructure in Australia.