Singapore’s state-owned energy giant Sembcorp Industries and Malaysia’s state-owned electric utility company Sarawak Energy have entered into a preferred supplier agreement with Italian cabling firm Prysmian for a subsea interconnector cable that would import around 1 GW of green electricity from Sarawak to Singapore.
The agreement was signed between Sembcorp Utilities, a wholly-owned subsidiary of Sembcorp Industries, and Sarawak Energy Services, a wholly-owned subsidiary of Sarawak Energy Berhad, Malaysia’s largest renewable energy developer.