SP Group - Company Profile

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SP Group (SP), a subsidiary of Temasek Holdings (Private) Ltd, is an energy utility that offers transmission, distribution and market support services. The company develops, owns, operates, and maintains electricity and gas transmission and distribution networks, and an underground district cooling network. It operates gas pipelines and storage facilities, and onshore receiving stations and offtake stations. SP also owns, builds, and powers communication and infrastructure services. The company also provides meter reading, billing and customer services. It leases ducts and substations; and provides investment holding, and management consultancy services. The company serves industrial, commercial and residential customers in Singapore, Australia and China. SP is headquartered in Singapore.

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Headquarters Singapore

Address 2 Kallang Sector, Singapore, 349277


Industry Power

Revenue (2023) $5.3B

   

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SP Group premium industry data and analytics

110+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for SP Group.

2

Transmission & Distribution

Access detailed information on all line and substation projects and T&D infrastructure with SP Group.

1

Energy Storage Projects

Understand the energy storage landscape for SP Group, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on SP Group’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Telecommunication Services
Project Management Services
Marketing Support Services
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In August, the company signed a memorandum of understanding (MoU) with Frasers Property Vietnam to develop and implement integrated smart energy solutions at FPV’s Binh Duong Industrial Park.
2023 Financing Agreements In June, the company announced its investment in its first batch of agrivoltaic assets in Guangdong, China.
2023 Contracts/Agreements In May, the company signed a memorandum of understanding (MoU) with Saigon Beer-Alcohol-Beverage Corporation to formalize a partnership to expand the 2nd phase of Rooftop Solar energy system installation and operation at 9 SABECO’s breweries.
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Competitor Comparison

Key Parameters SP Group Sembcorp Industries Ltd Keppel Corp Ltd Blue Leaf Energy Asia Pte Ltd City Energy Pte Ltd
Headquarters Singapore Singapore Singapore Singapore Singapore
City Singapore Singapore Singapore Singapore City Singapore
No. of Employees - 4,981 17,238 - -
Entity Type Private Public Public Private Private
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Executives
Name Position Board Since Age
Leong Wai Leng Chairman Executive Board 2023 -
Stanley Huang Tian Guan Director; Chief Executive Officer Executive Board 2020 -
Loong Hui Chee Chief Financial Officer Senior Management - -
Steve Lee Chief Information Officer Senior Management - -
Lena Chia Chief Legal Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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