Santa Cruz Solar Energy Inc. (SCSEI) #46895
Created at
2025-03-05
Last update
2025-03-13
1 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 %
Loan amount
1 920 000 000
₱
Loan date
2024-07-24
Comment
On 24 July 2024, ACEN (as lender) executed a Loan Agreement with Santa Cruz Solar Energy Inc. (as borrower, "Santa Cruz Solar") for a PhP 1,920,000,000.00 loan to fund the capital expenditure requirements for the San Marcelino Solar Project Phase 3 located in San Marcelino, Zambales.
Source: PSE Disclosure Form 4-30 (Loan Agreement with Santa Cruz Solar Energy Inc.)
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Philippines
Current intention of investment
Solar park
Current negotiation status
Concluded (Contract signed)
Current implementation status
Startup phase (no production)
Deal size
500 ha