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Sembcorp axes S$105 million deal to buy Philippine solar farm developer

It is not acquiring Puente Al Sol due to ‘prevailing market conditions and evolving strategic priorities’

  • Sembcorp cancels $105M deal to buy Philippine solar farm developer Puente Al Sol
  • Market conditions and strategic priorities cited as reasons for deal cancellation
  • Sembcorp maintains commitment to disciplined investment approach and renewables pipeline

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