You are here

Sembcorp acquiring remaining 28% of India energy unit to become sole owner

BT_20170901_RMSEMBCORP1_3065944.jpg
Sembcorp Green Infra, one of the largest renewable energy players in India, has close to 1,200 megawatts of wind and solar power capacity in operation and under development.

Singapore

SEMBCORP Industries has entered into a deal to acquire the remaining stake of about 28 per cent in Sembcorp Green Infra (SGI) for 14.1 billion rupees (S$301 million), giving it full control of the renewable energy unit in India.

This comes two weeks after Semcorp, also...

sentifi.com

Market voices on: