Sembcorp Industries (Sembcorp) announced that its indirect wholly-owned subsidiaries, Sembcorp Energy Australia Pty Ltd and Sembcorp Energy Australia Pte Ltd, have completed the acquisition of shares in Pioneer Sail Holdings Pty Ltd and Latrobe Valley Power (Holdings) Pty Ltd.
This completes Sembcorp’s previously announced acquisition on December 11, 2025, of a 100% stake in Alinta Energy Pty Ltd (Alinta) from Chow Tai Fook Enterprises Limited, which has owned Alinta since 2017.
With the completion, Sembcorp will integrate a scalable platform in Australia that includes Alinta’s 3.4GW operating portfolio and 10.4GW development pipeline with Sembcorp’s global capabilities in delivering comprehensive energy solutions. Alinta will continue to operate under its existing brand and operating structure to ensure continuity for key stakeholders, including its more than 1,000 employees, around 1.1 million customers and partners across Australia. Sembcorp will retain Alinta’s management team led by Managing Director & CEO Jeff Dimery and his leadership team.
Alex Tan, President & CEO, Renewables, East, Sembcorp, said: “Completing this acquisition is a significant step in executing our growth strategy and reinforces Australia as an important market for Sembcorp. With Alinta’s strong platform and pipeline, we are well-positioned to support their growth while ensuring reliable energy and long-term value to Australian communities and customers. Sembcorp looks forward to making a positive contribution to Australia’s energy transition.”
Jeff Dimery, Managing Director & CEO, Alinta, said: “Today is a significant and positive milestone for our business and people. With completion behind us, we can focus on execution and continue delivering for our customers and the communities we serve. Sembcorp’s long-term commitment, financial strength and renewables capability position us well to progress the investments needed to support a secure and cleaner energy future.”
