Sembcorp unit inks new power purchase deal with Equinix

This marks the second deal signed by the two companies this year.

Sembcorp Power, a wholly-owned subsidiary of Sembcorp, has signed a long-term renewable energy power purchase agreement (PPA) with US-based data center company Equinix.

Under the agreement, Sembcorp Power will supply up to 58.5MWp of renewable energy from its portfolio in Singapore for 15 years, starting in 2029.

The agreement builds on a previous renewable energy deal signed with Equinix on 29 April, which will supply a maximum capacity of 75MWp, bringing the total contracted renewable energy capacity with Equinix to 133.5MWp. 

The increased capacity will accelerate both companies' efforts to transition to a low-carbon future.