EDPR has reiterated its plans to invest up to $10 billion into Sunseap by 2030 to create an industry-leading clean energy hub for the region out of Singapore.
When Spanish renewable energy player EDP Renováveis (EDPR) completed its acquisition of a 91% stake in home-grown clean energy solutions provider Sunseap in February, the latter shelved its IPO that was supposedly meant to raise some $600 million.
Six months after the deal was completed, which values the fourth largest solar player in Southeast Asia at $1.1 billion, the renamed EDPR Sunseap says it is keeping its IPO plans warm.
