GlidePath & Philippines’ ACEN Group Secure Alliance To Produce 360 GWh Of Wind Energy
In the Asia Pacific region, it has invested some $200 million to create over 4,000 MW of capacity distributed in power entities in the Vietnam, Indonesia, India, and Australia, apart from those in the Philippines. It has a 98% renewable footprint — among the highest in the region.
UPC Power Solutions LLC’s platform leverages the combined expertise of its partners Pivot Power Management and UPC Solar & Wind Investments. It set as one of its missions the acquisition of operating wind projects in the US, with the goal of implementing preventative maintenance and repowering existing systems, both operating and not.
“Our aspiration is for the US to become a priority market for ACEN outside of Philippines over time. This partnership will provide an exciting entry to the fast-growing US market, and we look forward to leveraging the combined expertise of ACEN and our new partners to make this a strong growth platform in the coming years,” Patrice Clausse, CEO of ACEN International said last April 2022.
“We’ve long set our sights on the US as our next market following our sustained success in the Asia Pacific. We are committed to enact the accelerated green energy transition globally, and these new partnerships ensure that ACEN is well-placed to harness the vast opportunities in the US renewables space,” Clausse said in a press statement.
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