SP Group aims to be a leading sustainable energy solutions provider in the region. Leveraging our engineering expertise, digital capabilities and track record in Singapore, we are expanding our presence in international markets and collaborating with partners to deliver integrated solutions to our customers.
With China leading sustainable development on the global stage, this presents a new growth engine for SP Group to deploy district cooling, heating and integrated energy solutions to meet customers' sustainability goals. Following our first foray in China in 2015 and partnerships taking root in major cities, we have built up a strong project pipeline and set up three offices — in Shanghai as headquarters, Guangzhou and Chongqing.
With the transition to renewable energy and a drive towards energy efficiency in Vietnam, SP Group is building on these developments to export and acquire expertise and assets in Vietnam. We set up an office in Ho Chi Minh City in 2020 to pursue sustainable energy solutions projects.
We are enabling the decarbonisation of districts and the acceleration of green energy transition in Thailand. Through key partnerships, investments in technology and sharing of expertise, our goal is to support Thailand’s commitment to carbon neutrality by 2050 and net-zero greenhouse gas emissions by 2065.
SP Group has a stake in SGSP (Australia) Assets Pty Ltd which owns and operates electricity distribution and gas transmission and distribution networks across Australia.