Sembcorp Industries (SG:U96) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Sembcorp Industries has expanded its renewable energy partnership with Equinix by signing a new 15-year power purchase agreement to supply up to 58.5MWp in Singapore, starting in 2029. This deal builds on a previous agreement, bringing the total renewable energy capacity committed to Equinix to 133.5MWp, highlighting both companies’ dedication to a low-carbon future. Sembcorp remains the largest solar energy provider in Singapore, significantly fulfilling the nation’s solar energy targets.
For further insights into SG:U96 stock, check out TipRanks’ Stock Analysis page.