power

M&A

Sembcorp India and Larsen & Toubro in merger talks of power business valued at US$4.5 bil

The share-swap deal will help India’s largest engineering conglomerate pare debt
The future of power is transcontinental submarine supergrids - THE EDGE SINGAPORE

Global review

The future of power is transcontinental submarine supergrids

As countries phase out carbon to meet climate goals, a renewed interest in supergrids has emerged.

Update

Hyflux names UAE firm as next potential suitor with $400 mil injection deal

SINGAPORE (May 6): Hyflux has identified Utico FZE as its next potential white knight investor which might make a capital injection of $400 million, weeks ahead of its extended debt moratorium until May 24.

Sembcorp reportedly in talks to refinance India power unit’s long-term debt

SINGAPORE (July 31): Sembcorp Industries is said to be in talks with State Bank of India and Union Bank of India to raise Rs3,000 crore ($635 million) in its efforts to refinance existing long-term debt of Sembcorp Gayatri Power, the joint venture between
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