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Sembcorp to Acquire ReNew Sun Bright, Expanding India Solar Portfolio to 6.9 GW

Sembcorp to Acquire ReNew Sun Bright, Expanding India Solar Portfolio to 6.9 GW

The deal, valued at approximately Singapore $246 million and subject to customary adjustments, marks a strategic expansion of Sembcorp’s renewable energy footprint in India. Singapore headquartered Sembcorp Industries, through its wholly-owned subsidiary Sembcorp Green Infra Pvt. Ltd has signed a share purchase agreement to acquire 100 per cent of ReNew Sun Bright Pvt. Ltd from...