ACEN Australia secures $473.5m for renewables portfolio expansion [Yahoo! Finance]
Morgan Stanley (MS)
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Source: Yahoo! Finance
The financing supports the company's ongoing and future renewable projects, highlighting ACEN Australia's commitment as a long-term investor in the nation's clean economy. The funding will support the nearly finished 400MW Stubbo Solar project in New South Wales and follows the first power output from the 400MW Stage 1 of the New England solar project in 2023. The deal was supported by a group of 11 lenders from Australia and overseas, broadening ACEN Australia's network of finance partners and highlighting strong market trust in the company's growth plans and proven performance. ACEN Australia managing director David Pollington stated: “Our ability to attract top-tier financial partners re-inforces our position as a trusted, long-term developer, owner and operator of assets, and reflects growing investor appetite for high-quality, renewable infrastructure in Australia.” The financing establishes a funding base for ACEN Australia's diverse portfolio, which includes more than
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MS
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- 10/16/25 - Beat
MS
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- MS's page on the SEC website