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New Deal


Announced

Sembcorp to acquire 428MW of wind assets in China and India from Envision Energy and Leap Green Energy for $147m.

Financials

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Transaction Value£115m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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wind farm

Acquisition

Private

Renewable Energy Equipment

China

Single Bidder

India

Cross Border

Majority

Pending

Friendly

Infrastructure

Synopsis

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Sembcorp, a provider of energy and water solutions to both industrial and municipal customers, agreed to acquire 428MW of wind assets in China and India from Envision Energy, a provider of wind turbines and energy management software, and Leap Green Energy, a multifaceted power generation company, for $147m. These acquisitions are in the ordinary course of business and will not have a material impact on the earnings per share and net tangible assets per share of Sembcorp for the financial year.

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