ACEN buys out partner in India ventureThis follows ACEN unit ACEN Renewables International Pte. Ltd.’s completion of a sale and purchase agreement with UPC India, which holds UPC Renewables’ investments in the South Asian country. MANILA, Philippines — Ayala-led ACEN Corp. has taken full control of its expansion in India after acquiring Singapore-based UPC Renewables’ 50 percent stake in their joint venture. This follows ACEN unit ACEN Renewables International Pte. Ltd.’s completion of a sale and purchase agreement with UPC India, which holds UPC Renewables’ investments in the South Asian country.
Source: Philippine Star February 05, 2026 16:44 UTC