AC Energy has raised $ 410 m through a green bond structure to help its aim to generate 5 ##G from renewable energy by 2025 . The World Bank’s International Finance Corporation (IFC) invested US$75 million to anchor a five-year US$300 million green bond tranche for the renewables specialist, a subsidiary of 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 $ 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 .