ACEN Corp., the renewable energy arm of the Ayala Group, said Monday its subsidiary ACEN International Inc. will acquire and invest in Hackberry Wind Project, a 165.6-megaWatt wind farm in Texas, USA.
The acquisition and investment will be made by UPC Power Solutions LLC, the existing US joint venture company of ACEN USA LCC, PivotGen, and UPC Wind and Solar Investments, LLC.
Financial details of the deal weren’t immediately made available.
PivotGen is a developer of wind and solar energy projects throughout the US.
UPCSWI is the principal investment company of Brian E. Caffyn, a pioneer in the renewable energy development industry and chairman and majority investor in UPC Renewables Group.
