Sembcorp acquires 428 MW of wind assets in India and China
Sembcorp Industries has announced that it will acquire wind power assets totalling 428 MW in China and India....
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Sembcorp Industries has announced that it will acquire wind power assets totalling 428 MW in China and India....
(This story has not been edited by THE WEEK and is auto-generated from a PTI
India Business News: Sembcorp Industries acquires wind power assets in China and India for $200 million; signs agreements with Envision Energy Co Ltd and Leap Green Energy
Sembcorp Industries has signed two agreements to acquire 428 MW of wind power assets in China and India for 200 million Singaporean dollars (about Rs 1,247 crore). The Singaporean energy company, backed by state-owned investor Temasek Holdings Pte, will acquire 228 MW of operational wind power assets of Leap Green Energy Pvt Ltd for 70 million Singaporean dollars and 200 MW of Qinzhou Yuanneng for 130 million Singaporean dollars.
Sembcorp has signed agreements to secure 673MW of renewables capacity since it announced its 2028 target to achieve 25GW of gross installed renewables capacity.