AC Energy has raised $ 410 m through a green bond structure to help its aim to generate 5 ##G from renewable energy by 2025 . Backing came from the International Finance Corporation , which invested $ 75 m to support $ 300 m of green bonds , while the Asian Development Bank invested $ 20 m for a separate $ 110 m of bonds . The money will contribute to AC Energy ’s 2025 Vision project for 5 GW of renewable energy in the Asian and Pacific markets . The IFC ’s contribution was for solar and wind power in Vietnam , a recent centre of expansion for AC Energy .
AC Energy has raised $410m through a green bond structure to help its plan to generate 5 GW from renewable energy by 2025. Backing came from the International Finance Corporation, which invested $75m to support $300m of green bonds, while the Asian Development Bank invested $20m for a separate $110m of bonds. The money will contribute to AC Energy’s 2025 Vision project for 5 GW of renewable energy in East Asian and Pacific markets. The IFC’s contribution was for solar and wind projects in Vietnam, a recent centre of expansion for AC Energy.