Sembcorp to acquire Australia’s Alinta Energy

0
78

Deal Timeline and Regulatory Hurdles

The acquisition is slated to close in the first half of 2026, pending shareholder approval and sign-offs from the Foreign Investment Review Board and the Australian Competition and Consumer Commission.

Alinta CEO Praises Deal as ‘Vote of Confidence’

In a separate statement, Alinta Energy CEO Jeff Dimery hailed Sembcorp’s move as a powerful endorsement of both the company and the wider Australian energy market.

“Sembcorp understands that reliability and affordability are the foundation of a successful energy transition,” Dimery said. He added that the Singaporean investor’s financial strength and operational experience will help Alinta grow responsibly, safeguard jobs, and deliver critical projects for Australia’s clean-energy ambitions.

Signup for the USA Herald exclusive Newsletter

Counsel information was not immediately available.