Sembcorp taking 35% stake in Chinese renewable energy company for $320m

December 02, 2021 8:46 AM

SINGAPORE (THE BUSINESS TIMES) – Sembcorp Industries is acquiring a 35 per cent interest in SDIC New Energy, a power company in China with a portfolio of 30 operational wind and solar photovoltaic (PV) assets, for 1.5 billion yuan (S$320 million).

Source : http://www.straitstimes.com/business/companies-markets/sembcorp-taking-35-stake-in-chinese-renewable-energy-company-for-320m