, Singapore
252 view s
Photo by Sora Shimazaki via Pexels

Sembcorp receives EMA approval for Senoko Energy acquisition

It is set to acquire a 30% stake in Senoko Energy.

Sembcorp Industries has announced that the Energy Market Authority (EMA) of Singapore has reviewed and approved its proposed acquisition of a 30% interest in Senoko Energy Pte Ltd, currently held by TWMB Holdings B.V., a subsidiary of ENGIE Global Development B.V. 

“This takes into consideration the commitments proposed by Sembcorp to adhere to and ensure fair market competition,” the bourse filing stated.

The acquisition is still subject to certain conditions, including the pre-emption rights of existing shareholders of Senoko Energy.

Follow the link s for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!