Ninh Thuan Solar Company (BIM\AC Renewables) #46216
Created at
2024-10-08
Last update
2025-03-04
3 Parents (Involvements as child)
ID
Name
AC Energy Corporation (ACEN)
Country of registration/origin
Philippines
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
50.00 %
ID
Name
BIM Energy Holdings (BIMEH)
Country of registration/origin
Vietnam
Classification
Private company
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
ID
Name
Rizal Commercial Banking Corp.
Country of registration/origin
Philippines
Classification
Stock-exchange listed company
Relationship
Tertiary investor/lender
Investment type
Debt financing
Comment
Rizal Commercial Banking (RCBC) provided non-recourse financing of $232m as debt for the project. BIM Group and AC Energy, the energy platform of Ayala, arranged the remaining funding using their existing equity.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Vietnam
Current intention of investment
Solar park
Current negotiation status
Concluded (Change of ownership)
Current implementation status
In operation (production)
Deal size
400 ha