H2G Green Limited has announced a strategic decision to divest its entire 50.10% stake in Green Energy Investment Holding Private Limited (GEIH) for approximately S$4m. This move is part of H2G’s broader strategy to optimise its portfolio and enhance capital efficiency, with a focus on accelerating growth in its core business areas, particularly GasHubUnited Utility Private Limited (GasHub) and its liquefied natural gas (LNG) and bio-liquefied natural gas (Bio-LNG) operations.
The divestment, made to RD Property Holdings Pte. Ltd., marks a significant milestone in H2G’s strategic transformation. By shedding its stake in GEIH, H2G aims to sharpen its focus on its core gas platform, positioning itself to capture the rising demand for LNG in Asia. This strategic shift underscores the company’s commitment to strengthening its presence in the energy sector, particularly in the rapidly growing LNG market.
H2G’s decision reflects its dedication to enhancing its capital efficiency and driving growth in its core business areas. The company believes that this divestment will allow it to better allocate resources and capitalise on emerging opportunities within the LNG and Bio-LNG markets.
As H2G continues to realign its business strategy, the company is poised to leverage its strengthened focus on GasHub and LNG to meet the increasing energy demands in Asia. This strategic move is expected to enhance H2G’s competitive edge and drive future growth in the region’s energy sector.
