Issue 194: Concord New Energy’s Reit speculation; Year-end goal for Indonesia-Singapore clean-electricity trade
This week in ESG: Renewable energy player still evaluating possibility of spin-off; country’s leaders mull kick-off for green electricity trade
Add BT as a preferred source
Sustainable investing
Concord New Energy Reit? Not so fast
Renewables power developer Concord New Energy Group (CNE) hasn’t shut down speculation about selling a real estate investment trust (Reit), but this may not be the best time for the company to be spinning off assets.
In fact, a friendly window of opportunity may not appear in the near future.
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully
