GIGASOL3, INC. #46764
Created at
2025-01-29
Last update
2025-01-29
2 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
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
AC Energy Philippines (ACEN) is the owner and developer of Gigasol 3 Solar Farm Project through its subsidiary, Gigasol3, Inc
ID
Name
Asian Development Bank (ADB)
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
20 000 000
$
Comment
The transaction involves a debt investment of up to $20,000,000 in Green Bonds to be issued by AC Energy Finance International Limited, for the AC Energy Green Bond project. The proceeds of the bond offering will be used primarily for solar and wind projects in the Philippines, Indonesia, Viet Nam.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Philippines
Current intention of investment
Agriculture unspecified Solar park Solar park
Current negotiation status
Concluded (Contract signed)
Current implementation status
Startup phase (no production)
Deal size
333 ha