News / Sembcorp takes full control of Indian renewable business

Sembcorp takes full control of Indian renewable business

🕔 September 5, 2017
InfraRed fund acquires stake in 900 MW power project in Mexico

Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for INR14 billion (US$218 million). With this, Sembcorp will become the sole owner of SGI. 


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