utilities

As creditors like BNP Paribas press the Singapore-listed firm for payment, Hyflux is racing against a debt restructuring deadline to find a new white knight.

Hyflux faces fresh potential claims over its plant in Algeria, while the Singapore state utility board and Maybank are taking over its Singapore plant.

Malaysia’s state-owned fund continues to offload stakes in non-core businesses as it tries to recover the huge losses it incurred last year.

Investors and creditors risk losing much of their money in Hyflux following the cancellation of a controversial plan to rescue the troubled Singapore-listed company.

The distressed utility group, already facing potential legal action in Algeria and from retail investors at home, is now squabbling with two would-be Indonesia white nights.

Bangkok-headquartered independent power producer launches Thailand’s largest IPO of the year. It's 2017's fourth benchmark-sized IPO – all in the power sector.

Australia’s power generation sector has been hamstrung by shambolic policy decisions for decades prompting investors to demand an end to a parochial preference for fossil fuels.

Indonesian state-owned electricity giant brings rare long-dated bond, taking advantage of investor demand for returns amid a flattening of the Treasury yield curve.

Investment only trickles in for deal at a time when industry transformation in China poses execution risks.