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Sembcorp wins first renewable energy project in the Middle East

$U96.SG$ My favorite company 🥰👏👏👏👏 lives up to expectations, great 🥰👍👍👍, $Sembcorp Ind (U96.SG) $: Sembcorp Industries has signed a contract to build, own and operate a 500 megawatt (MW) solar power plant in Oman through a joint venture with Jinko Power Technology in which its wholly-owned subsidiary Sembcorp Utilities and Jinko Power Technology holds 80% of the shares. Andy Koss, CEO of Sembcorp's UK and Middle East business, said the Manah Solar II standalone power project will mark Sembcorp's first renewable energy project in the Middle East. The project is supported by a 20-year electricity purchase agreement and awarded by the Oman Electricity and Water Procurement Company. It is expected to be in operation by 2025. Go for it! 🥰💪💕
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