Utilities

Utico to hike advisors fees cap to $50m if Hyflux rescue deal bags approval

It will reduce the pot to $30m if advisors do not support the restructuring agreement.

Utico to hike advisors fees cap to $50m if Hyflux rescue deal bags approval

It will reduce the pot to $30m if advisors do not support the restructuring agreement.

Aqua Munda commits $208m to buy Hyflux's debts

It will also be used for funding the water treatment firm’s capital requirements.

UAE firm Utico is ‘willing to walk away' from deal with Hyflux: report

The deal is said to have left about 34,000 retail investors in the lurch.

Hyflux applies for another debt moratorium extension

The hearing is scheduled on 29 January 2020.

Hyflux's Utico deal plagued by woes from P&P holders

Some P&P holders intend to vote against the deal as concerns on financial obligations arise, said SIAS.

Hyflux creditors called to file a proof of claim

Parties who did not file by 5 February may not be able to receive payments.

Another investor steps in to buy Hyflux's debts for $1.8b

Eligible creditors may tender Aqua Munda’s offer from 30 December to 10 January 2020.

Keppel Infrastructure subsidiary buys 18% stake in Zerowaste Asia for $5m

The two companies look to maximise intersecting reusable waste solutions.

Noble Holdings extends deadline for share entitlement

Shareholders will be given time to verify their status.

Is there room for the Singapore-Australia power project in a crowded market?

Incumbent gencos are grappling with overcapacity and excess gas supply.

SUEZ to supply water management system for Singapore

It will maintain a system for reservoir and catchment operations for four years.

Hyflux subsidiary inks deed of novation for AWDEC desalination package

Hyflux will be discharged from all rights, duties, obligations, claims and demands under the deal.

Hyflux signs $400m restructuring deal with Utico

The UAE-based firm will subscribe in 95% of Hyflux’s new shares.

Wastewater treatment startup Hydroleap snaps up $2.6m in funding

The company brings its electricity-powered treatment to new verticals.

What's next for Singapore's mature power market?

Growth for power producers lies in innovations geared towards grid transition, according to S&P Global Ratings.