Sembcorp Industries acquires UK Power Reserve for £216m

Sembcorp Industries acquired UK Power Reserve (UKPR), a flexible distributed energy generator in the UK, for £216 million (S$385 million). UKPR operates 533MW of modular gas and battery power plants across 32 locations, with 480MW of new capacity to be rolled out from October 2018.

“Sembcorp Industries is buying UK Power Reserve (UKPR), the largest flexible distributed energy generator in the UK for £216m (S$385m).”research.sginvestors.io

• 2 sources
• research.sginvestors.ioSembcorp Industries - CGS-CIMB Research 2018-06-02: Buying Low-risk, Flexible Mini Power Plants In UK | SG Investors.ioSGinvestorsJun 4, 2018
• research.sginvestors.ioSembcorp Industries - DBS Research 2018-06-04: Growing Utilities Presence In The UK | SG Investors.ioSGinvestorsJun 4, 2018

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