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ACEN ACEN CORPORATION
Press Release

ACEN Secures INR 7.5 Billion Green Term Loan for Bijapur Wind Project in India

🟢 High Impact Positive
ACEN Corporation has secured a green term loan facility of INR 7.517 billion to support the development of its 100 MW Bijapur Wind project in Karnataka, India. This financing reflects strong confidence from international banks and will help generate approximately 330 million kWh of renewable energy annually.
AI Summary Details
Key Facts
  • INR 7.517 billion green term loan from MUFG and SMBC
  • 100 MW capacity for phase 1 of the Bijapur Wind project
  • Expected annual generation of 330 million kWh of renewable energy
  • Avoidance of around 300,000 tonnes of CO2 emissions
  • Project set to be commissioned in 2027
  • ACEN has 7 GW of attributable renewable energy capacity
Investor Takeaway
This disclosure is material as it highlights significant financing for a key renewable energy project, reflecting investor confidence and supporting ACEN's growth strategy in India.
Market Impact
The successful securing of this loan may enhance ACEN's reputation among investors and stakeholders, as it demonstrates the company's ability to attract international financing for renewable energy projects. This could positively influence future investment and growth opportunities.
Watch For
  • Updates on the project's construction progress and commissioning timeline
  • Further details on ACEN's renewable energy portfolio expansion in India
  • Potential impacts of regulatory changes in India's renewable energy sector
Details
Company ACEN CORPORATION
Stock Symbol ACEN
Published Mar 25, 2026
Disclosure Number C01999-2026
EDGE Number 12069e3c3405f0dd64d70b69f0a3140b
AI Analyzed Jul 11, 2026 2:01 PM
Read Full Disclosure on PSE EDGE