Being Honest
About where Australia’s
energy comes from.
Sydney, June 11, 2026 — Sembcorp Industries (Sembcorp) today announced that its indirect wholly-owned subsidiaries, Sembcorp Energy Australia Pty Ltd and Sembcorp Energy Australia Pte Ltd, have completed the acquisition of shares in Pioneer Sail Holdings Pty Ltd and Latrobe Valley Power (Holdings) Pty Ltd. This completes Sembcorp's previously announced acquisition on December 11, 2025, of a 100% stake in Alinta Energy Pty Ltd (Alinta) from Chow Tai Fook Enterprises Limited, which has owned Alinta since 2017.
With the completion, Sembcorp will integrate a scalable platform in Australia that includes Alinta's 3.4GW operating portfolio and 10.4GW development pipeline with Sembcorp's global capabilities in delivering comprehensive energy solutions. Alinta will continue to operate under its existing brand and operating structure to ensure continuity for key stakeholders including its more than 1,000 employees, around 1.1 million customers and partners across Australia. Sembcorp will retain Alinta's management team led by Managing Director & CEO Jeff Dimery and his leadership team.
Alex Tan, President & CEO, Renewables, East, Sembcorp, said: "Completing this acquisition is a significant step in executing our growth strategy and reinforces Australia as an important market for Sembcorp. With Alinta's strong platform and pipeline, we are well-positioned to support their growth while ensuring reliable energy and long-term value to Australian communities and customers. Sembcorp looks forward to making a positive contribution to Australia's energy transition."
Jeff Dimery, Managing Director & CEO, Alinta, said: "Today is a significant and positive milestone for our business and people. With completion behind us, we can focus on execution and continue delivering for our customers and the communities we serve. Sembcorp's long-term commitment, financial strength and renewables capability position us well to progress the investments needed to support a secure and cleaner energy future."
Further details of the completed acquisition can be found in Sembcorp's SGX Announcement, available on the Singapore Exchange website and on Sembcorp's website.
For analysts' and media queries, please contact:
Analysts
Ling Xin Jin (Ms)
Head, Group Strategic Communications & Portfolio Management
DID: +65 6723 3384
Email: ling.xinjin@sembcorp.com
International/Singapore Media
Karin Xiao (Ms)
Group Strategic Communications & Portfolio Management
DID: +65 6723 3140
Email: karin.xiao@sembcorp.com
Australian Media
Roger Newby (Mr), Sodali & Co
Tel: +61 401 278 906
Jim Kelly (Mr), Sodali & Co
Tel: +61 412 549 083
ABOUT SEMBCORP INDUSTRIES
(Company registration: 199802418D)
Sembcorp Industries (Sembcorp) is a leading energy and urban solutions provider, led by its purpose to drive energy transition.
Headquartered in Singapore, Sembcorp delivers sustainable solutions to support energy transition and urban development by leveraging its sector expertise and global track record.
Sembcorp has a balanced energy portfolio of 35.2GW, including 21.9GW of gross renewable energy capacity, across 12 countries.*
Its urban development projects span over 17,600 hectares across Asia and have generated over 466,000 employment opportunities and attracted US$64 billion of investment capital.
Sembcorp is listed on the main board of the Singapore Exchange. It is a constituent stock of FTSE Russell Index, MSCI Singapore Index, Straits Times Index as well as sustainability indices including FTSE4Good Index and several MSCI ESG indices.
Sembcorp's Renewables East portfolio covers China, Southeast Asia and the Oceania region. The acquisition of Alinta will be managed under this portfolio and led by Alex Tan, President & CEO, Renewables, East. Alex brings deep expertise and proven leadership with nearly 30 years of experience across renewable energy, industrial gas and finance. Together with his team, he will work with Alinta's management to ensure governance continuity, disciplined execution, and sustained strong relationships with government, industry and community stakeholders.
For more information, please visit www.sembcorp.com.
* Total gross capacity assumes 100% ownership of assets, including projects secured and under construction and an acquisition pending completion.