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Chow Tai Fook Sells Alinta Energy for A$6.5 Billion

12/11/2025

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Story summary
  • Chow Tai Fook Enterprises (CTFE) has agreed to sell Australian utility Alinta Energy to Singapore-based Sembcorp Industries for A$6.5 billion (US$4.3 billion).
  • The deal includes Alinta's power-generation assets, its gas and electricity retail business across Australia, and Latrobe Valley Power and its subsidiaries.
  • CTFE acquired Alinta in 2017 for A$4 billion.
  • Alinta reported a book value of A$2.5 billion and net profits of A$530 million as of June.