SG's Sembcorp acquires India’s Vector Green Energy for $345m

SG's Sembcorp acquires India’s Vector Green Energy for $345m

Photo by Andres Siimon on Unsplash

Singapore-listed Sembcorp Industries on Sunday announced it is acquiring Mumbai-based energy producer Vector Green Energy for a base equity consideration of S$474 million ($345 million) from a fund managed by the Indian unit of private equity (PE) firm Global Infrastructure Partners.