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A unit of AC Energy Holdings Inc. (AC Energy) has partnered with UPC Renewables Asia Pacific Holdings Ltd. and UPC Renewables for a power project in Indonesia. AC Energy president and CEO Eric Francia said ““Indonesia has huge unserved demand, especially in smaller islands, which this initiative aims to address.” Under the terms of the agreement, AC Energy International agreed to provide funding for the development of power-generation projects with sub-50-megawatt (MW) capacities.

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