Utilities
Singapore's solar capacity to double over the next decade
Singapore's solar capacity to double over the next decade
The city’s solar-friendly policies and high irradiance could boost capacity to 319MW in 2028.
Electricity tariffs to fall 3.3% in October-December
Lower cost of natural gas caused the tariffs to fall.
SIAS clears position on Hyflux restructuring deal
The association clarifies that it is not backing the deal “at this stage”.
Hyflux applies to extend debt moratorium for two more months
Applications are expected to be heard on 30 September.
Choa Chu Kang Waterworks equips world's largest ceramic membrane
The membrane can treat up to 40 million gallons of raw water per day.
No rescue deal sealed with Utico: Hyflux
But Utico earlier said that it had already inked a deal with the firm.
Utico inks restructuring agreement with Hyflux
The utility firm assured that they will take “swift action” on Hyflux’s projects.
Listed utility firms' returns hit 13.2% in July
The three top-performing stocks had total returns of 19.9%.
Hyflux assets 'leaking value' amidst protracted deal timeline: Utico
Utico claimed that Hyflux is delaying the disclosure of assets and ignoring their proposal.
Hyflux deadline to ink Utico deal extended to August 26
This is reportedly to account for the number of public holidays in August.
White knight Utico sets August 16 deadline to ink deal with Hyflux
The would-be white knight gave Hyflux two weeks, “failing which, they will walk".
Hyflux seeks another extension of debt moratorium
It is still in talks with potential strategic investors.
GIC to invest $600m in ADNOC's crude pipelines
It will take a 6% stake in ADNOC Oil Properties along with BlackRock and KKR.
Hyflux white knight Utico mulls $500m Singapore IPO
The company will be valued by at least $2b.
Sembcorp unit to sell 80% stake in Chinese water treatment plant for $23.7m
SLWC will cease to be part of the group upon completion of the deal.
Singapore to invest $400m in revamping drainage systems
This is expected to mitigate flooding and build up climate resilience.
Hyflux unit restructures $121.46m loan for China plant
The loan facility from the Bank of China has been extended a further three years to 2026.
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Commentary
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