ACEN Australia gets green term loan

AC Energy Australia and MUFG, Sydney Branch executed a facility agreement for up to AU$140-million green long-term loan facility as part of the company's effort to raise over AU$600 million to support the development of its projects in Australia.

MUFG is the sole arranger and green loan coordinator for the AU$140-million green long-term loan facility that will provide capital financing for ACEN's eligible green assets in Australia. This is the second loan facility following the signing of an AU$100-million facility with DBS Bank to support the ACEN Australia development portfolio in Australia.