Singapore’s Sembcorp Industries Ltd (<a href="https://investors.sgx.com/_security-types/stocks/U96" target="_blank">SGX:U96</a>) said on Friday it has agreed to buy majority stakes in units of Vietnam’s Gelex Group JSC in a SGD-218-million (USD 160.3m/EUR 149.9m) deal that would provide it with 245 MW of renewables capacity.