Sunseap obtains S$43 million green loan from UOB to fund 210 rooftop solar sites
Sunseap said Thursday it received a S$43 million green loan from UOB to fund rooftop solar installations at 210 commercial, industrial and government sites.
Environment
Keppel Land obtains first green loan for China commercial development project
Keppel Land China secured its first green loan facility for 850 million yuan to develop Seasons City phase one on the mainland, Keppel said Thursday.
Singapore stocks to watch Wednesday: Fund manager survey, Sembcorp, SGX, CapitaLand, Hyflux
These are Singapore companies which may be in focus Wednesday, 19 June 2019: BofA-ML fund manager survey, Sembcorp Industries, SGX, CapitaLand and Hyflux.
Sembcorp to build solar energy system to power Changi Exhibition Centre
Sembcorp Industries said Tuesday it entered a long-term deal with Experia Events for a 6.3 MW peak rooftop solar system on the Changi Exhibition Centre.
Sembcorp to inject fresh equity into India renewables business
Sembcorp Industries said Monday it plans to subscribe to additional shares in its India energy arm, SEIL, to support the renewable energy business’ growth.
Hyflux receives new non-binding offer for potential investment
Hyflux said late Friday it has received another non-binding letter of intent for a potential investment, with preliminary due diligence underway.
China Jinjiang confirms Zheneng Group to acquire controlling stake
China Jinjiang Environment confirmed Wednesday Zheneng Group will acquire a controlling stake in the waste-to-energy player for 1.63 billion yuan.
China Jinjiang Environment controlling shareholders to sell down stakes to Zhejiang Group
China Jinjiang Environment’s controlling shareholders said they planned to sell an around 29.79% stake to Zhejiang Energy and Zheneng Capital for CNY1.63B.
China Everbright Water lands two projects in Jiangsu province
China Everbright Water said Thursday it obtained two waste-water treatment projects in Jiangsu province with a total investment of around 503.6M yuan.
GIC and Abu Dhabi entity to invest US$495 million in India green energy player Greenko
Indian renewable energy company Greenko announced Tuesday a deal for a US$495 million equity raising from GIC and an Abu Dhabi entity.
Sunpower lands 77 million yuan contract from Jiangsu Hailun Petrochemical
Sunpower said Thursday it obtained a 77M yuan contract from a repeat customer to provide heat exchanger equipment for a technology upgrading project.
UPDATE: Singapore stocks to watch Thursday: Singtel, Swiber, Sembcorp, Frasers Centrepoint, Allied Tech
These are Singapore companies which may be in focus on Thursday, 30 May 2019: Singtel, Swiber, Sembcorp Industries, Frasers Centrepoint and Allied Tech.
Hyflux clarifies meeting with Utico
Hyflux clarified Tuesday that its meeting with last week with potential investor Utico included “no conclusive numbers” or finalised deal.
China Everbright Water obtains Tongxiang drinking water protection project
China Everbright Water landed a drinking-water source project in Zhejiang province, which requires an investment of around 1.253 billion yuan.
UPDATE: Singapore stocks to watch Tuesday: SGX, Keppel REIT, China Everbright Water, Citic Envirotech
These are Singapore companies which may be in focus on Tuesday, 28 May 2019: SGX, Keppel REIT, China Everbright Water and Citic Envirotech.
China Everbright Water lands Nanjing Industrial Waste Water Project Phase II
China Everbright Water said Monday it obtained Nanjing Industrial Waste Water Project Phase II, which requires an investment of around 859 million yuan.
Sunpower obtains around 44 million yuan contract from Zhejiang Petrochemical
Sunpower said Thursday it won a 43.56 million yuan contract to provide high-efficiency heat exchangers for repeat customer Zhejiang Petrochemical.
DBS: China Everbright Water’s growth potential is ‘underappreciated’
China Everbright Water’s double-digit pace of earnings growth and attractive valuations signal it is underappreciated by the market, DBS said.
Singapore PUB: Taking over Tuaspring Desalination Plant
Singapore’s national water agency PUB said it will take over Hyflux’s Tuaspring Desalination Plant, after it terminated the water purchase agreement.
TEE International obtains four Changi Airport waste-management contracts
TEE International’s subsidiary TEE Infrastructure has won four waste management contracts from Changi Airport Group (Singapore), the company said Thursday.
China Everbright Water reports 1Q19 net profit rose 16 percent
China Everbright Water reported Wednesday its first quarter net profit increased 16 percent on-year to HK$206.35 million as construction revenue increased.
Hyflux: Potential investor interested in acquiring Algeria and Oman assets
Hyflux said Wednesday it received interest from an investor interested in acquiring certain assets in Algeria and Oman and in the Middle East and North Africa.
Hyflux: Did not enter into binding term sheet with Utico
Hyflux has received a binding offer from UAE-based Utico, but has not accepted or entered into a binding deal, the Singapore water player said Tuesday.
Utico submits binding offer to invest S$400 million in Hyflux: Reuters
Utico provided Hyflux a binding offer for a S$400M investment, Richard Menezes, the CEO of the UAE-based company, said Sunday, Reuters reported.
Keppel scores S$150 million contract to build wind-farm substations
Keppel FELS obtained a more than S$150M contract from Danish renewable energy company Orsted for two offshore wind-farm substations, Keppel said Sunday.
