# 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.

- Type: Acquisition
- Announced: 2018-06-04
- Where: UK, United Kingdom
- Value: $285.0M (216.0M GBP)
- Status: completed
- Capacity: 533 MW installed, 480 MW pipeline
- Products: modular gas generators, battery power generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Sembcorp Industries](https://endata.com/companies/15835.md) (acquirer)
- [UK Power Reserve](https://endata.com/companies/32347.md) (target)

## Sources

- [research.sginvestors.io](https://research.sginvestors.io/2018/06/sembcorp-industries-cgs-cimb-research-2018-06-02.html), 2018-06-04: "Sembcorp Industries is buying UK Power Reserve (UKPR), the largest flexible distributed energy generator in the UK for £216m (S$385m)."
- [research.sginvestors.io](https://research.sginvestors.io/2018/06/sembcorp-industries-dbs-research-2018-06-04.html), 2018-06-04: "The acquisition strengthens Sembcorp Industries’ presence in the UK utilities space and is in line with the group’s revamped policy to rebalance its energy portfolio towards developed markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.