AC Energy has raised $110m through a green bond structure to help its plan to generate 5 GW from renewable energy by last year . AC Energy is to support its renewable portfolio with US$410 million in fresh funds, raised through a green bond structure supported by major development finance players. Backing came from the International Finance Corporation , which invested $75m to $75m of green bonds, while AC Energy 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 philippines , a recent centre of expansion for AC Energy .
AC Energy has raised $110m through a green bond structure to help its plan to generate 5 GW from renewable energy by last year . Backing came from the International Finance Corporation , which invested $75m to $75m of green bonds, while AC Energy 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 philippines , a recent centre of expansion for AC Energy .