The Business Times
business-time-50
SUBSCRIBERS

Singapore renewables developer Equis Energy acquired for US$5b in cash

google-preferred-sourceAdd BT as a preferred source
Published Wed, Oct 25, 2017 · 09:50 PM

    Singapore

    IN WHAT is said to be the largest deal in history for the renewables sector, infrastructure fund manager Global Infrastructure Partners (GIP) is leading a consortium to acquire Singapore-based renewable-energy developer and operator Equis Group for US$5 billion in cash.

    The deal, which includes US$1.3 billion in debt, is expected to close in the first quarter of next year, said both companies.

    TRENDING NOW

    The CSRC is leading the effort, along with the National Financial Regulatory Administration, which handles consumer protection and supervises banks.

    Why China is tightening controls on overseas stock trading

    US President Donald Trump with President Xi Jinping after a visit to Zhongnanhai Garden in Beijing, on May 15.

    Xi Jinping has just rewritten the rules of US-China rivalry

    Always one to walk the talk, DBS CEO Tan Su Shan has her personal AI agent that checks and serves up to her the latest news on banking.

    ‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI

    Set up by Nichol Ng and her brother, FoodXervices traces its roots to 1934 with the business their grandfather started.

    ‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More