Sources: Amazon’s solar energy partner in Singapore Sunseap mulls IPO

Details:

• Sunseap plans to conduct its listing by the end of the year and is currently in talks with advisors regarding its planned first-time share sale.
• However, details such as the size of the fundraise and the potential timeline could change, as deliberations are still ongoing.

Context:

• Recently, the Singapore-based solar energy provider secured an undisclosed amount in its series E round from Dubai conglomerate Dutco Group.
• The company has also partnered with ecommerce titan Amazon to export 62 megawatts of clean energy to Singapore’s electricity grids.