Singapore’s Temasek-backed Sembcorp Industries said on Wednesday its subsidiary has signed a share purchase agreement to acquire ReNew Pvt Ltd’s solar energy unit for about S$246 million ($190.02 million) to bolster its renewable energy portfolio in India. 

Singapore’s Temasek-backed Sembcorp Industries said on Wednesday its subsidiary has signed a share purchase agreement to acquire ReNew Pvt Ltd’s solar energy unit for about S$246 million ($190.02 million) to bolster its renewable energy portfolio in India.