Separately, Sembcorp’s wholly-owned subsidiary, Green Infra Wind Energy Limited (GIWEL), has signed an agreement with Leap Green Energy, an independent power producer in Tamil Nadu, India.
Sembcorp Industries (SGX:U96
) has announced its signature of two separate agreements to acquire a total of 428 megawatts (MW) of wind assets in China and India on Nov 27.
Sembcorp’s wholly-owned subsidiary, Sembcorp Energy (Shanghai) Holding has signed an agreement with Envision Energy to acquire 100% of the share capital in Qinzhou Yuanneng Wind Power for an equity consideration of approximately $130 million. Qinzhou Yuanneng owns 200MW of operational wind assets in Guangxi, China.
