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SP acquires Engie's 40% stake in Sino-French Energy Services in China for undisclosed sum

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Sharon See

Sharon See

Published Wed, Jan 20, 2021 · 09:50 PM

    Singapore

    SP Group has acquired Engie's stake in Sino-French Energy Services (SFES) in Chongqing for an undisclosed sum, the company said on Wednesday evening.

    Under an agreement, SP is acquiring Engie's 40 per cent stake in the company, making this the group's first acquisition of energy assets in China, it said in a statement.

    SP GroupChinaM&A

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