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Warning for AmeriTrust Customers of December Data Breach

Warning for AmeriTrust Customers of December Data Breach
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Deep State Crony Heinousness and China: Crypto-Currency Edition
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Ayala unit secures $67-million funding for solar farm in India

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AYALA-LED AC Energy and Infrastructure Corp. (ACEIC) and its partner UPC Solar Asia Pacific Ltd. have reached financial close for a 100-megawatt (MW) solar farm in India, according to a press release issued by Ayala Corp. on Monday.
ACEIC’s listed parent firm told the stock exchange that the $67-million (around P3.25 billion) Sitara Solar project located in the desert state of Rajasthan, has secured a 20-year loan from the US International Development Finance Corp. (DFC).
It will be funded through a 75:25 debt-to-equity financing scheme.
Ayala described the project as a “major milestone” for its joint venture company UPC-AC Energy Solar, moving the latter closer to its target of achieving over 1 gigawatts of solar energy across Asia. ....

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Singapore firm to invest nearly P12B in AC Energy

BusinessWorld
March 11, 2021 | 12:10 am
ARRAN Investment will subscribe to four billion primary shares through a private placement at P2.97 apiece. ACENERGY.COM.PH
AN AFFILIATE of Singapore firm GIC Pte. Ltd. will be investing P11.88 billion in AC Energy Corp. (ACEN) for a 17.5% ownership stake in the local firm, the Ayala-led company said in a regulatory filing on Wednesday.
ACEN said that Arran Investment Pte. Ltd. would be subscribing to four billion primary shares through a private placement at P2.97 apiece.
The investment is subject to two pre-closing conditions, namely: ACEN’s completion of its stock rights offering of 2.27 billion shares at P2.37 apiece; and the issuance by the Treasurer of the Commonwealth of Australia or his delegate of a notice of no objection under the Foreign Acquisitions and Takeovers Act 1975 with respect to Arran and the AC Energy and Infrastructure Corp. (ACEIC) “international transaction.” ....

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Ayala unit secures funding for Australia solar farm

February 16, 2021 | 12:07 am
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THE Ayala group and its Australian partner have secured AU$619 million, or around P23.1 billion, in bank financing for a 400-megawatt (MW) solar farm project in New South Wales.
In a press release on Monday, listed firm AC Energy Corp. said Australian banks Westpac and Commonwealth Bank of Australia, along with Bank of China, will provide debt financing for the initial stage of the project.
The financial closure for the project’s first stage would cover 400 MW of alternating current out of a combined 720 MW of solar power and 400 MW-hour (MWh) lithium-ion battery storage.
“This is the product of a fruitful partnership with UPC and our local Australian team. We look forward to helping Australia achieve and exceed its long-term decarbonization goals by continuing to develop and construct more renewable energy projects in the country,” said Patrice R. Clausse, chief operating officer of AC Energy Intern ....

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