Real Assets
November 27, 2023 8:20 PMThe assets collectively amount to 428 megawatts. : SINGAPORE - Sembcorp Industries on Nov 27 said it has inked two separate agreements to acquire wind assets in China and India for a total consideration of $200 million. The assets collectively amount to 428 megawatts (MW), the group said in an announcement on the Singapore bourse. Sembcorp’s wholly-owned unit Sembcorp Energy (Shanghai) Holding signed an agreement with Envision Energy to acquire the full share capital of Qinzhou Yuanneng Wind Power for an equity consideration of about $130 million.