Sembcorp Industries clarifies that the UAE hydropower plant was not damaged, and operations at the Middle East facilities are normal | Lianhe Zaobao

In response to media reports regarding the attack on desalination facilities in the Middle East, Sembcorp Industries clarified that the Fujairah F1 Independent Water and Power Plant located in the UAE has not been damaged, and the company's facilities in the Middle East are currently operating normally. Sembcorp announced on Monday (March 9) on the Singapore Exchange that an earlier report by Global Water Intelligence about Iran's attack on desalination plants and its impact on water supply in the Gulf region was cited by media outlets such as the Associated Press, Lianhe Zaobao, The Straits Times, and The Conversation, which mentioned that the Fujairah F1 power and desalination plant in the UAE had been damaged. Sembcorp stated that the aforementioned claims are not true. The Fujairah F1 Independent Water and Power Plant, in which Sembcorp holds a 40% stake, has not sustained any damage. In addition to this project, Sembcorp also operates the Salalah Independent Water and Power Plant in Oman and the Manah II Solar Independent Power Project. Further Reading Sembcorp Industries' net profit fell 5% to SGD 448 million in the second half of last year, declaring a final dividend of 16 cents Sembcorp Industries' subsidiary completes acquisition of Indian solar power plant for a total price of SGD 246 million Sembcorp stated that the three facilities are still in operation. Due to the evolving regional situation, the company is closely monitoring the developments. The company said that all employees are currently safe, and the factories have implemented emergency measures, prioritizing employee safety and well-being while maintaining stable operations. In Singapore, Sembcorp mentioned that the company's natural gas supply remains stable, with no interruptions expected in the short term. The company has a diversified long-term natural gas supply portfolio, including pipeline gas and liquefied natural gas (LNG). Additionally, Sembcorp pointed out that the sources of its natural gas supply are global, and the LNG shipments expected in 2026 do not come from the Middle East. Besides natural gas, the company's energy portfolio also includes renewable energy and energy storage solutions, which help to diversify the overall energy structure risk. As of nearly 3 PM on Monday, Sembcorp Industries' stock price remained unchanged at SGD 5.72