- Sentiment on ESG-related stocks and funds in the US has been negative and has weighed on Sembcorp's share price year-to-date. This has brought the company’s earnings multiples down to extremely attractive levels, with Sembcorp's share price now trading at the low end or at a discount to its regional and global peers.
- - Read this at SGinvestors.io -
Serving the AI servers.
- While other utilities companies may have hogged the limelight recently by announcing the construction of next-generation data centres that will be AI-ready, green and connected, we highlight that Sembcorp Industries (SGX:U96) will be one of the main providers of green energy to these assets via its installed solar capacity of 352MW (as at Feb 24) and a further 218MW under construction.
- - Read this at SGinvestors.io -
- With ~77% of its Singapore capacity signed up to long-term power purchase agreements (PPAs), we highlight that Sembcorp Industries has the ability to sign more of such PPAs with data centres, thus providing the company with stable and predictable revenue streams.
Recent share price decline provides an opportunity.
- Read more at SGinvestors.io.
