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Sembcorp Industries signs MOU with China's GDS on renewable energy initiatives

Felicia Tan
Felicia Tan • 1 min read
Sembcorp Industries signs MOU with China's GDS on renewable energy initiatives
Shares in Sembcorp closed 2 cents higher, or 1.7% up at $1.19 on September 10.
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Sembcorp Industries says it has entered into a memorandum of understanding (MOU) with GDS Holdings, a developer and operator of high-performance data centres in China on September 11.

The MOU was signed by Sembcorp’s wholly-owned subsidiary Sembcorp (China) Holding Co.

Under the agreement, both companies will jointly develop and provide renewable energy solutions for GDS data centres in China.

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