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All About Transitioning To A Greener Future

SCI hosted a site visit to its 60MWp floating solar farm at Tengeh reservoir which highlighted its operational capabilities as well as its larger renewables plans both in Singapore and regionally. In addition, we highlight SCI’s acquisition of a portfolio of Chinese wind and solar assets totalling 658MW for Rmb3.3b (S$700m) which we view as a fair valuation. Maintain BUY. Target price: S$2.59.

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