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Emirates Water and Electricity Company (EWEC) has chosen Sembcorp (SGX:U96) as one of the minority partners for a 2.6GW IPP project. The project is backed by a 29-year PPA and builds upon Sembcorp’s long-standing partnerships in the region. The project is expected to be completed by 2029.
Stake in UAE power project
Emirates Water and Electricity Company (EWEC)
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
Strategic and financial merits
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Krishna Guha Maybank Research | https://www.maybanktrade.com.sg/ 2026-06-05
Previous report by Maybank:
2026-03-02 Sembcorp - Stable Underlying Earnings.
Price targets by other brokers at Sembcorp Target Prices.
Listing of research reports at Sembcorp Analyst Reports.
Relevant links:
Sembcorp Share Price History,
Sembcorp Announcements,
Sembcorp Dividend Payout Dates & Corporate Actions,
Sembcorp News
















