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Sembcorp buys UK distributed energy generator for £216m

Move is part of group's strategy to rebalance energy portfolio to developed markets

Singapore

SEMBCORP Industries has acquired distributed energy generator UK Power Reserve (UKPR) for £216 million (S$385.72 million) in cash after a "competitive process", giving the conglomerate a foothold in the UK's flexible distributed energy sector.

sentifi.com

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