UK Power Reserve (UKPR)

Offshore & Marine

Sembcorp's power business struggles to ramp up even as marine unit remains a drag

About two years ago, Sembcorp Indus­tries unveiled a bold, new strategy to reduce its dependency on the oil services industry. Its key focus was to expand its utilities business (now known as the energy business), and thereby, transf

Broker's Calls

Analysts in favour of Sembcorp Industries' latest UK acquisition for earnings & growth prospects

SINGAPORE (June 4): CGS-CIMB Research and DBS Vickers Securities are maintaining their “add” and “buy” calls on Sembcorp Industries as they like the group’s latest acquisition of UK Power Reserve (UKPR), the UK’s largest flexible distributed e


Sembcorp to acquire UK Power Reserve for $385 mil

SINGAPORE (May 31): Sembcorp Industries is acquiring UK Power Reserve (UKPR) for £216 million ($385 million).