Singapore’s Sembcorp Industries Ltd. is seeking a loan of around A$3 billion ($2.1 billion) to back its purchase of power generator and retailer Alinta Energy Pty., according to people familiar with the matter, adding to a growing wave of acquisition funding in Australia.
Singapore’s Sembcorp Industries Ltd. is seeking a loan of around A$3 billion ($2.1 billion) to back its purchase of power generator and retailer Alinta Energy Pty., according to people familiar with the matter, adding to a growing wave of acquisition funding in Australia.
Power lines hang from transmission pylons in the outer suburbs of Melbourne, Australia, on Friday, April 28, 2017. Australia has some of the world's largest reserves of fossil fuels but is running short on gas. That's raised the prospect of widespread power outages and stoked a national debate over energy policy. Photographer: Carla Gottgens/Bloomberg
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