Alinta operates a portfolio spanning 3.4GW of installed and contracted generation capacity across coal, gas, wind and solar. The company’s dispatchable portfolio has an availability rate of 93%.
No changes will be made to Alinta’s existing management team and operational structure, with Alinta managing director and CEO Jeff Dimery continuing to lead day-to-day operations, and Sembcorp continuing to support Alinta’s socio-economic investment initiatives for local communities through its Community Development Fund.
Alex Tan said the acquisition strengthens Sembcorp’s presence in a key developed market while providing a scalable platform to accelerate renewables and low-carbon growth.
“By combining Sembcorp’s global renewables expertise and access to capital with Alinta’s strong local workforce and project pipeline, we believe we can contribute meaningfully to Australia’s decarbonisation goals and support long-term employment opportunities in local communities,” Tan said.
Australia has been dubbed a “key market” for Sembcorp’s ambition to grow its renewables capacity to 25GW by 2028, and the company has committed to redeploying capital into Australia to execute Alinta’s pipeline of renewable energy development projects.
