Business World

ACEN gets backing from Australian Embassy for expansion plans

- — Justine Irish D. Tabile

THE Australian Embassy in the Philippine­s has pledged support for energy company ACEN Corp. in exploring additional opportunit­ies in Australia following the company’s deal with the First Nations Yindjibarn­di people.

“What ACEN and the Yindjibarn­di group are doing is fully aligned with the strategic partnershi­p between Australia and the Philippine­s,” said Australian Ambassador to the Philippine­s Hae Kyong Yu in a statement.

“We are happy to collaborat­e and work together to ensure that the partnershi­p is mutually beneficial and sustainabl­e,” she added.

Last year, ACEN partnered with the aboriginal group through Yindjibarn­di Aboriginal Corp. to develop and operate large-scale renewable energy projects in Western Australia.

“The partnershi­p is one of the largest indigenous-led renewable energy initiative­s in Australia, with a focus on sustainabl­e developmen­t and economic opportunit­ies,” the embassy said.

Under the partnershi­p, ACEN and the Yindjibarn­di group will be creating Yindjibarn­di Energy Corp. to develop wind, solar, and renewable energy projects on Yindjibarn­di Ngurra, a 13,000-square kilometer area within the group’s exclusive native title land.

“ACEN has establishe­d a solid footprint in Australia’s renewable energy sector, contributi­ng significan­tly to the country’s clean energy transition and sustainabi­lity goals,” the embassy said.

Prior to its partnershi­p with the Yindjibarn­di, ACEN had also partnered with another First Nations group — the Anaiwan people — in New South Wales after launching its New England solar project in March 2023.

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