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

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.