Sembcorp Industries, an energy, water and marine group operating worldwide, through its wholly-owned subsidiary Sembcorp Utilities, has entered into an agreement to acquire the remaining 28 percent stake in Sembcorp Green Infra (SGI), a wind and solar project developer, from IDFC Private Equity Fund III (IDFC)’s for ₹14.1 billion (~$220.2 million). With this acquisition, Sembcorp Industries will become the sole owner of SGI.