Sembcorp Industries terminates planned Puente Al Sol acquisition in Philippines
Reuters2026/09/09 10:49- 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.
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