Sembcorp secures 559MW of Indian solar assets with acquisition of Vector Green Energy
A wholly owned subsidiary of Singapore-based energy company Sembcorp Industries has secured a deal to acquire Indian IPP Vector Green Energy.
Source: pv-tech.org
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Sembcorp Buys Vector Green Adding 583MW Of Renewables In India
Sembcorp Industries has signed an agreement to acquire Vector Green Energy for a base equity consideration of around $345 million.
Source: rigzone.com
Sembcorp Industries To Acquire Vector Green For Rs 2,780 Crore
Sembcorp Industries will acquire Vector Green Energy for Rs 2,780 crore to expand its renewable energy footprint in India to 3 gigawatts (GW), the company said on Sunday.
Source: ndtv.com
Sembcorp buys Vector Green Energy for Rs 2,780 cr
The firm reportedly also has 1 GW of investment-ready assets in the pipeline.The completion of the acquisition in the next three months will bring the Singapore-based groups gross renewable energy capacity to 8.5 GW, closer to its 2025 target of 10 GW of gross installed renewable capacity, Sembcorp said in a statement.The acquisition complements Sembcorps existing portfolio which comprises 90 per cent of wind energy projects.
Source: devdiscourse.com
Vector Green Energy - Sembcorp buys Vector Green Energy for Rs 2,780 crore
Acquisition brings significant utility-scale solar capacity to our India business, which will complement our existing wind portfolio: Vipul Tuli
Source: telegraphindia.com