1 week AC Energy ‘confident’ of exceeding 5 GW of RE Manilatimes |Biz
AC Energy Inc. is “confident” of surpassing its goal of attaining capacity of 5 gigawatts of renewable energy (RE) in 2025, its top official said on Thursday. In a virtual roundtable, AC Energy President and Chief Executive Officer Eric Francia said his company would need funding of up to $2 billion to realize this goal. “I’m feeling quite confident that we will exceed our renewables capacity by 2025,” he added. According to him, AC Energy, through its listed subsidiary AC Energy Philippines Inc. (ACEN), has various power plants in the Philippines with a total capacity of approximately 1,000 megawatts (MW). ... more