Singapore-based Sembcorp Industries has announced a landmark agreement to acquire Australian energy company Alinta Energy in a transaction valued at $6.5 billion, including debt.
The deal positions Sembcorp at the forefront of Australia's evolving power sector, marking one of the most significant energy takeovers in recent years.
Under the terms of the agreement, Sembcorp will acquire all shares and shareholder loans associated with Alinta’s holding companies.
Sellers include Chow Tai Fook Enterprises and Pioneer Sail Singapore.
The cash component of approximately $5.6 billion will be financed through bridge loans and working-capital facilities, providing the Singaporean conglomerate with immediate scale and a strategic foothold in Australia’s dynamic energy market.