Singapore-based company Sembcorp Industries has agreed to acquire Australia’s integrated energy provider Alinta Energy to grow its global renewables capacity and strengthen its footprint in the Australian energy market. Under a share sale agreement with Hong Kong-based Chow Tai Fook Enterprises (CTFE), Sembcorp will acquire 100% of Alinta Energy at an enterprise value of A$6.5bn ($4.32bn). Alinta operates a portfolio with 3.4GW of installed and contracted generation capacity across coal, gas, wind, and ...