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BrightNight collaborates with ACEN Corporation

March 13, 2023 - Resource News International

International Resource News - 13 March 2023 BrightNight, a global renewable power producer built to deliver clean and dispatchable solutions, has collaborated with ACEN Corporation, a company that operates as a renewable power generation company, via ACEN Renewables International Pte. Ltd. and ACEN International, Inc. (collectively, 'ACEN'). The collaboration is aimed at expediting the development, construction, and operation of BrightNight's initial 1.2 GW, multi-technology renewable power portfolio in India. The newly established collaboration intends to install USD250m equity plus related performance guarantees. The firms will collaborate to develop and build differentiated hybrid wind-solar projects, with a calibrated use of energy storage, that run around the clock, with the aim to serve the specific demand from high credit rated central and state utility and commercial and industrial offtakers.

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