Media Releases

Sembcorp Industries (Sembcorp) is pleased to announce that it has signed a long-term solar energy deal with US-headquartered tech company, Facebook. Under this deal, Sembcorp will help provide locally-sourced renewable power to support Facebook’s recently announced 170,000 square metre Singapore data centre, as well as its other Singapore operations, over the next 20 years.

Sembcorp Industries (Sembcorp) is pleased to announce that its Sembcorp Gayatri Power Limited (SGPL) power plant in India has won a competitive tender conducted by the Bangladesh Power Development Board (BPDB) to supply 250 megawatts of power to Bangladesh over a total period of 15 years. SGPL has received letters of intent from the BPDB in this regard, and supply of power is expected to commence upon completion of procedural requirements and relevant government approvals.

Sembcorp Industries (Sembcorp) delivered a credible first half 2018 (1H2018) result, offsetting a weak performance from its Marine business with improved and stable results from its Utilities and Urban Development businesses respectively.

Sembcorp Industries (Sembcorp) is pleased to announce the appointment of Dr Josephine Kwa Lay Keng to its board as an independent director with effect from August 1, 2018. She is currently a member of Sembcorp’s Technology Advisory Panel, which advises the company on digital and technological developments in line with its growth strategies.

Sembcorp Industries (Sembcorp) is pleased to announce that through its wholly-owned subsidiary Sembcorp Energy Australia, it has signed an agreement to invest in an estimated 77% stake in Vellocet Clean Energy for A$5 million (approximately S$5 million ). The deal establishes a beachhead for Sembcorp to grow in the Australian power market, particularly in the direct supply of renewable energy to companies.

Sembcorp Industries (Sembcorp) announces the appointment of the head of its newly-established Merchant & Retail business line, Namesh Hansjee, who will join the company on August 27, 2018.

Sembcorp Industries Ltd (Sembcorp) is pleased to announce that its wholly-owned subsidiary, Sembcorp Solar Singapore Pte Ltd (Sembcorp Solar) has won a 50-megawatt project from the Housing & Development Board (HDB) and the Singapore Economic Development Board (EDB).

Asia’s leading sustainable urban development providers, Ascendas-Singbridge Andhra Investment Holdings and Sembcorp Development India, have, through their wholly-owned joint venture company, Singapore Amaravati Investment Holdings, formalised their collaboration with the State Government of Andhra Pradesh (SGOAP) to jointly master develop Amaravati Capital City Start-up Area in India with Amaravati Development Corporation, an agency of the SGOAP.

Sembcorp Industries (Sembcorp) is pleased to announce that it has reached an agreement to acquire UK Power Reserve (UKPR), the UK’s largest flexible distributed energy generator, for £216 million (approximately S$385 million). The deal marks a major step in line with Sembcorp’s new strategy to position itself for the global energy transition, grow its merchant energy capabilities, and build an integrated energy business in the UK.

Sembcorp Industries (Sembcorp) announces the appointment of a new Group Chief Financial Officer (CFO), Mr Graham Cockroft, who will join the company on September 3, 2018.

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