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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

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Kenneth Lim

Kenneth Lim

Published Fri, May 15, 2026 · 07:00 PM
    • Concord New Energy took hits from higher curtailment rates and lower average tariffs in 2025.
    • Concord New Energy took hits from higher curtailment rates and lower average tariffs in 2025. ILLUSTRATION: KENNETH LIM

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    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.

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    ESG InsightsConcord New Energysustainable investingenergy transitionRenewable energyChinaEnergy securityAsean Power GridAseanESG

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