Sembcorp’s Solar Project Boosts Middle East Green Energy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 29 2024
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Source: Business Insider
Sembcorp Industries Update: Sembcorp has completed acceptance tests for its Manah II Solar Independent Power Project in Oman, which is the largest solar farm in its global portfolio and supports Oman's renewable energy goals.
Impact on Earnings: The project, finished ahead of schedule and backed by a 20-year power purchase agreement, is expected to positively influence Sembcorp's earnings per share.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
