NEFIN Group Enters Singapore with A Goal to Invest SGD$100million In Upcoming 5 Years


Partnering with Tuas Power Supply is the First Step in Materializing the Long-term Commitment into Singapore. There are more strategic partnerships in the pipeline this year.

SINGAPORE – Media OutReach – 11 August 2022 – NEFIN Group (“NEFIN”), Asia’s leading green independent power producer (IPP), officially launched its brand-new APAC Headquarters in the heart of Singapore’s downtown precinct at MacDonald House in Dhoby Ghaut. Highly driven by the entrepreneurial spirit of Singapore, 8 August 2022 marked an important milestone for NEFIN since its inauguration in 2014. for more information and follow us at .

About Tuas Power

Tuas Power is a key provider of energy solutions and multi-utilities in Singapore, and is a member of China Huaneng Group, one of the largest and most forward-looking power producers in China and the world. We welcome innovation and strategic partnerships while embracing change sustainably.

Tuas Power has a licensed capacity of 2,670 MW and is a leading power generation company in Singapore. It has five combined cycle plants and a steam plant in its power station in the Tuas industrial region and develops efficient and environmentally responsible energy solutions through its retail arm. Tuas Power also supplies utilities such as steam, high-grade industrial water, demineralised water and waste water treatment services in Tembusu, Jurong Island. In April 2022, it added desalination capabilities to its portfolio of businesses with the launch of the jointly-developed Jurong Island Desalination Plant. Visit

About Tuas Power Supply
Tuas Power Supply (TPS) is the electricity retail arm of Tuas Power Generation. A leading player in the liberalized Singapore electricity market, TPS serves customers from a wide spectrum of industries. TPS develops and provides different cost-effective energy solutions to customers, to fulfil their energy requirements.

About ACEN

ACEN is the listed energy platform of the Ayala Group. The company has ~4,000 MW of attributable capacity in the Philippines, Vietnam, Indonesia, India, and Australia, with a renewable share of 87%, which is among the highest in the region.

ACEN’s aspiration is to be the largest listed renewables platform in Southeast Asia, with a goal of reaching 20 GW in renewables capacity by 2030. In 2021, ACEN announced its commitment to achieve Net Zero greenhouse gas emissions by 2050. This will involve the early retirement of its remaining coal plant by 2040 and transition the company’s generation portfolio to 100% renewable energy by 2025.