Sembcorp acquires Indian solar power project for $246 million

Sembcorp acquires Indian solar power project for $246 million

Acquisition marks another step in Sembcorp's pivot towards green energy. Read more at straitstimes.com.

Sembcorp completes acquisition of 300 MW solar project in India

Sembcorp Industries has closed a full buyout of a grid-connected solar facility in western India, adding a long-term contracted 300 MW asset to its renewable energy operations in the country.From pv magazine India Sembcorp Industries has completed the acquisition of a 300 MW solar project in the Indian state of Rajasthan. The Singapore-based group said it acquired a 100% stake in ReNew Sun Bright, which owns and operates the Fatehgarh solar proj…

Sembcorp completes acquisition of ReNew’s 300 MW solar asset in Rajasthan

Sembcorp has completed the acquisition of a 100% stake in ReNew’s 300 MW solar power project in Fatehgarh, Rajasthan.Singapore-headquartered Sembcorp Industries (Sembcorp) today announced that it has completed the acquisition of a 100% stake in ReNew’s arm ReNew Sun Bright that owns and operates a 300 MW solar power project in Fatehgarh, Rajasthan. The acquisition, valued at around S$246 million, was done through Sembcorp’s wholly-owned subsidia…

Sembcorp acquires Indian solar power project for S$246 million

The company’s gross renewable energy capacity installed and under development in India has now climbed to over 7.6 GW