I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Wednesday 15 April 2015

Sembcorp expands China wind farm business

SINGAPORE: Sembcorp Industries said on Wednesday (Apr 15) it will build a 150-megawatt wind farm in the Hebei province, further expanding its renewable energy business in China.

Construction of the wind farm in Laoshibeihe will start this year, with completion expected by the second half of 2017. The wind farm will cost about around S$300 million and Sembcorp’s share of the equity investment will amount to around S$45 million.

Separately, another wind farm in Jiedijianhe with a 48-megawatt power capacity has commenced operation and is supplying power to the Hebei South grid.

Sembcorp's green facilities include a biomass station and an energy-from-waste facility in the UK, energy-from-waste operations in Singapore and wind power assets in China. The Singapore firm also co-owns and operates wind and solar power assets in India.

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