Concord New Energy

[behappyalways]

CNE operates two business segments, namely power generation and “others”. Under its core power generation business, CNE operates and invests in wind and solar plants under the build-own-operate (BOO) or build-transfer (BT) models. The power generation segment generated 91.4% and 95.4% of its total revenue in FY2024 and 6M2025 respectively.

The “others” segment comprises provision of design, technical and consultancy services; engineering, procurement and construction (EPC) of power plants; and finance leasing to the company’s existing customers. CNE says it is “in the process” of winding down the finance leasing sub-segment.

Concord New Energy, 2026’s first listing on SGX, opens at 5.6 cents, jumps 16.1% after one hour
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