ACEN Entered into a Loan Agreement with AREC and Secured a P34.41B Loan for the Wind Power Project

ACEN Corporation entered into a Facility Agreement with Amihan Renewable Energy Corp. (AREC) for a P350 million term loan facility to fund AREC’s working capital requirements.

ACEN Corporation, as sponsor, share security grantor, guarantor, and grantor, together with its wholly owned subsidiaries, ACEN Global Development Group, Inc. (formerly, ACE ENDEVOR, INC.), also as sponsor, share security grantor, and grantor, and GIGA ACE 6, Inc. (GA6), as borrower, mortgagor, and grantor, signed on March 29, 2025 an Omnibus Loan and Security Agreement (OLSA) with the Bank of the Philippine Islands (BPI), BDO Unibank, Inc., and Rizal Commercial Banking Corporation (RCBC) as Senior Lenders, and BDO Unibank, Inc. – Trust Investment Group as Facility Agent, Paying Agent and Security Trustee, for a senior secured green term loan facility, in the amount of up to P34.41 billion, to partially finance GA6’s 344.5 MWp Quezon North Onshore Wind Power Project (formerly Isla Wind) located in the Municipalities of Mauban and Real, Province of Quezon, and the Municipalities of Paete and Kalayaan, Province of Laguna.