ACEN Corp Secures INR 7.5 Billion Green Loan For Bijapur Wind Project

The Philippines-based energy company ACEN Corp is strengthening its renewable portfolio in India with the Bijapur Wind Project. The financing marks a significant step toward sustainable infrastructure development and highlights the growing role of green financing in clean energy projects.  

Financing Details  
The INR 7.5 billion green term loan will partially fund the first phase of the 100 MW wind project in Bijapur, Karnataka. The facility underscores investor confidence in ACEN’s renewable energy strategy and India’s supportive environment for clean energy investments.  

Strategic Importance  
The Bijapur Wind Project is expected to contribute significantly to India’s renewable energy capacity. By leveraging green financing, ACEN aims to accelerate its sustainability goals while supporting India’s transition to low-carbon energy solutions.  

Future Outlook  
Industry experts believe the project will enhance ACEN’s footprint in India’s renewable sector and pave the way for future collaborations in wind and solar energy. The initiative aligns with India’s target of achieving 500 GW of renewable capacity by 2030.  

Key Highlights 

• ACEN Corp secures INR 7.5 billion green loan  
• Funds to support 100 MW Bijapur Wind Project Phase I  
• Project located in Karnataka, India  
• Strengthens ACEN’s renewable energy portfolio  
• Supports India’s clean energy transition goals  

Sources: Reuters, Business Standard, Economic Times