AC Energy and NEFIN Joint Venture to Offer Carbon Neutrality Solutions Across Asia

  • AC Energy subsidiary to enter a joint venture with NEFIN to develop, construct, and operate rooftop solar projects across Asia
  • Primary infusion of US$ 10 million investment, with commitment of further funding for pipeline projects
  • Geographies covered include Hong Kong, Malaysia, China, and Taiwan, with potential expansion to other Australasian countries

HONG KONG SAR – Media OutReach – 5 August 2021 – AC Energy Corporation (ACEN), through its wholly-owned subsidiary, AC Renewables International (ACRI), has obtained board approval* to enter into a joint venture with NEFIN Holding Limited (NEFIN), a leading solar photovoltaic developer and investor in carbon neutrality solutions. ACEN and NEFIN will establish a 50/50 joint venture holding company that will develop, construct, and operate rooftop solar projects across Asia.

About NEFIN Group

NEFIN Group is a regional renowned carbon neutrality solutions provider and investor with a bespoke unified energy management platform committed to achieve carbon neutrality for organizations. Founded by a core management team member of DuPont Solar Business, the management team has grown into a well-rounded team of engineers, legal experts, investment bankers, and techno-commercial experts with the combined experience of over 40+ years of project development in Asia and 50+ years of engineering experience. NEFIN Group has collectively delivered over 300 MW of utility-scale, commercial, and industrial rooftop solar systems regionally. As a strong cohesive team, NEFIN Group is able to offer a comprehensive 360-degree assessment and full suite of services on socially responsible and commercially viable projects through innovative approaches to technology under its unified energy management platform. NEFIN believes the future of the world is everyone’s responsibility and strives to redefine energy boundaries towards a sustainable future. Please refer to NEFIN’s website for more information.

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