Sembcorp Salalah is 40% owned by Sembcorp Utilities (Singapore), a wholly-owned subsidiary of Sembcorp Industries, and 13% owned by Oman Investment Corporation (Oman), with others (including public shareholders) holding 47% of the Company’s issued share capital.
Sembcorp Salalah has been listed on the Muscat Securities Market since 8 October 2013.
ABOUT SEMBCORP INDUSTRIES
Sembcorp Industries (Sembcorp) is a leading energy, marine and urban development group, operating across multiple markets worldwide.
As an integrated energy player, Sembcorp is uniquely positioned to support the global energy transition. Leveraging technology and digital innovation, Sembcorp provides solutions across the energy and utilities value chain. Sembcorp has a balanced thermal and renewable energy portfolio of over 12,600MW, with over 2,800MW of renewables, battery storage and energy-from-waste capacity.
Sembcorp’s urban arm is a recognized leading Asian developer with a strong track record in transforming raw land into sustainable urban developments. In addition, Sembcorp is a global leader in providing innovative engineering solutions to the offshore, marine and energy industries.
Sembcorp Industries has total assets of over S$23 billion and over 7,000 employees. Listed on the main board of the Singapore Exchange, it is a component stock of the Straits Times Index and sustainability indices including the FTSE4Good Index, the Dow Jones Sustainability Asia Pacific Index and the iEdge SG ESG indices. For more information, please visit www.sembcorp.com.
The Salalah Independent Water and Power Plant is Sembcorp’s second power and water investment in the Middle East, where it has been operating since 2006. Sembcorp owns, operates and maintains the Fujairah 1 Independent Water and Power Plant, one of the world’s largest operating hybrid desalination plants, in the United Arab Emirates.
Oman Investment Corporation is a leading Omani investment company that combines an ambitious, entrepreneurial spirit with years of experience and a thorough knowledge of investing in the region. It primarily invests in unquoted companies with a strong investment case which can deliver superior risk-adjusted returns to its shareholders. The company targets growing businesses and acquisitions of companies in a wide range of industry sectors.
Oman Investment Corporation has a strong management team with financial and investment expertise, and a successful track record in adding value to the companies in which it invests.