Acen Corporation (PSE:ACEN) signed a Purchase and Sale Agreement to acquire a Portfolio of eight operating wind projects in Texas, USA from GlidePath Power Solutions LLC on March 16, 2023. This sale will be subject to regulatory approvals including the Federal Energy Regulatory Commission (FERC). As of June 1, 2023, ACEN Corp has has secured regulatory approval by the US Federal Energy Regulatory Commission.

Acen Corporation (PSE:ACEN) completed the acquisition of a Portfolio of eight operating wind projects in Texas, USA from GlidePath Power Solutions LLC on June 12, 2023. Mark Sundback of Sheppard, Mullin, Richter & Hampton LLP acted as legal adviser to Acen Corporation and Paul Hastings LLP acted as legal adviser to GlidePath Power Solutions LLC.