Sembcorp Industries terminates planned Puente Al Sol acquisition in Philippines
Reuters2026/09/09 10:49Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Sembcorp terminated its proposed purchase of 100% of Puente Al Sol from CleanCurrent Renewable Energy through Sembcorp Energy Philippines.
- Parties mutually agreed to end the share purchase agreement, citing market conditions and shifting strategic priorities.
- No material impact expected on FY2026 earnings per share or net tangible assets per share.
- Sembcorp reiterated its renewables growth plan, citing 21.8 GW of gross capacity across installed and committed projects.
- Target remains 25 GW of installed renewables capacity by 2028.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SCI - SembCorp Industries Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: BEWSD04DAZRXT4ZX) on September 09, 2026, and is solely responsible for the information contained therein.
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