Sembcorp Industries

Company in the news

Sembcorp to sell SembEnviro to Indonesia’s TBS Energi Utama for $405 mil

The total consideration represents a 43% premium over the book value and net asset value of SembEnviro and its subsidiaries as at June 30.
Sembcorp subsidiary enters joint development agreement for Southeast Asia’s ‘largest’ green hydrogen project  - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Sembcorp subsidiary enters joint development agreement for Southeast Asia’s ‘largest’ green hydrogen project

Upon completion, the facility is expected to produce 100,000 metric tonnes per annum.

M&A

EMA gives nod to Sembcorp’s plan to acquire 30% interest in Senoko Energy

This takes into consideration the commitments proposed by Sembcorp to adhere to and ensure fair market competition.

Broker's Calls

Maybank maintains ‘buy’ on Sembcorp, raises TP to $6

Sembcorp remains a key beneficiary of the shift to clean energy in the medium term.
Sembcorp to build its first Indonesian utility-scale solar and energy storage project - THE EDGE SINGAPORE

Energy

Sembcorp to build its first Indonesian utility-scale solar and energy storage project

The project is backed by a 25-year power purchase agreement with PT PLN (Persero).
Sembcorp signs another 16-year LNG deal with TotalEnergies - THE EDGE SINGAPORE

Contracts

Sembcorp signs another 16-year LNG deal with TotalEnergies

The move will help Sembcorp diversify its energy sources
Sembcorp awarded 450MW wind-solar hybrid project in India - THE EDGE SINGAPORE

Energy

Sembcorp awarded 450MW wind-solar hybrid project in India

This brings Sembcorp’s gross renewables portfolio in India to 4.2GW and its gross renewables capacity to 13.5GW globally.

Global Markets

November remains noisy, but it is time for some Thanksgiving

Equity markets are in a healthier shape than the macro environment suggests, and set to end this year at least on par with 2022
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