Core Viewpoint - Keppel Corporation has acquired the remaining 49% stake in Cleantech Renewable Assets from Shell Singapore, achieving 100% ownership, which aligns with its strategy to enhance energy transition and decarbonization efforts [1][2]. Group 1: Acquisition Details - The acquisition was made in partnership with Keppel Asia Infrastructure Fund and another investor, although the specific purchase amount was not disclosed [1]. - This acquisition follows Keppel's initial purchase of a 51% stake in Cleantech in October 2022, indicating a continuation of its strategic focus [1]. Group 2: Company and Market Position - Cleantech, headquartered in Singapore, is a leading provider of solar solutions in the commercial and industrial sector, with assets across Southeast Asia and India [1]. - Since Keppel's initial investment, Cleantech's solar asset portfolio has grown to approximately 1.1 gigawatts (GW), with plans to add another 1 GW by the end of 2026 and expand into wind energy projects [1]. Group 3: Market Trends and Growth Potential - The acquisition comes at a pivotal moment for the clean energy sector in Southeast Asia and India, where the solar industry is recognized as one of the most cost-competitive renewable energy options [2]. - India aims to achieve 500 GW of renewable energy capacity by 2030, with the commercial and industrial renewable sector expected to grow at a compound annual growth rate (CAGR) of approximately 23% by 2027 [2].
【环球财经】新加坡吉宝收购Cleantech剩余股权 加速可再生能源市场布局
Xin Lang Cai Jing·2025-11-05 06:39