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Equinix and Sembcorp Power have signed two long-term power purchase agreements (PPAs) in Singapore. Sembcorp will supply 105 MW to Equinix's data centers in Singapore, including 75 MW of solar, for up to 18 years.
The contracts will be accretive to the group’s earnings in the financial year ending Dec 31, 2024. Read more at straitstimes.com.
Decliners outnumbered advancers 200 to 184, with 950.5 million securities worth $782.9 million changing hands. Read more at straitstimes.com.
Singapore News - Consumers have better protection against volatile electricity prices, with stricter requirements for retailers coming into force on Monday. Under the new rules, electricity retailers must have minimum paid up capital of at least $1 million when they apply for or renew their... Read more at www.tnp.sg
Deal runs for 10 years, allows Singtel to join solar initiatives as they come online