Sembcorp Industries Ltd. agreed to buy Australian power generator and retailer Alinta Energy Pty for A$6.5 billion ($4.3 billion) in enterprise value, furthering the Singaporean company’s ambitions to expand outside its home market.
Sembcorp Industries Ltd. agreed to buy Australian power generator and retailer Alinta Energy Pty for A$6.5 billion ($4.3 billion) in enterprise value, furthering the Singaporean company’s ambitions to expand outside its home market.
A worker sits at computer monitors inside the central control room of the Global Asset Management System (GAMS) at Sembcorp Industries Ltd.'s Technology and Innovation Center on Jurong Island in Singapore, on Friday, March 31, 2017. GAMS enables the management of Sembcorp's facilities around the world through advanced data analytics for process optimisation, troubleshooting and predictive maintenance.
Sembcorp Industries Ltd. is in advanced discussions to buy Australian utility Alinta Energy Pty, according to a person with knowledge of the matter, the latest step by the Singaporean company to expand its footprint abroad.
Sembcorp Industries Ltd. is in advanced discussions to buy Australian utility Alinta Energy Pty, according to a person with knowledge of the matter, the latest step by the Singaporean company to expand its footprint abroad.
Power lines near apartment buildings under construction in Sydney, Australia, on Saturday, April 26, 2025. Australian capital city house prices continue to rise, and hotly anticipated interest rate cuts later this year could add further fuel to the fire, leaving some buyers and renters struggling to keep roofs over their heads. Photographer: Brendon Thorne/Bloomberg
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