DJ CMG Cleantech S.A.ANNOUNCES PROPOSED ACQUISITION OF ENERCON ASIA PTE. LTD.
CMG Cleantech S.A.
CMG Cleantech S.A.ANNOUNCES PROPOSED ACQUISITION OF ENERCON ASIA PTE. LTD.
06-May-2026 / 13:58 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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[Paris, 6 May 2026] - CMG CleanTech S.A. ("CMG") has announced that it has agreed terms for the acquisition of 100% of
the issued share capital of Enercon Asia Pte. Ltd. ("Enercon"), a Singapore-based clean energy solutions company.
The proposed transaction values Enercon at approximately USD 70 million and will be satisfied entirely through the
issuance of shares in CMG. The number of shares to be issued will be determined in accordance with the French laws and
the Euronext Paris regulations. Completion of the transaction remains subject to regulatory approvals and the
execution of definitive agreements.
Enercon provides comprehensive energy and power solutions, including generators, grid integration, solar, wind, battery
storage, and advanced control systems. The company specialises in generator synchronization, power quality improvement
and automation for complex applications such as offshore platforms, data centres and industrial sites. Enercon also
offers energy audits, analytics and renewable energy solutions. With exports to over 20 countries, it is a market
leader in reliable, safe and efficient power generation and switchgear solutions.
CMG's Directeur Général (CEO) Darren Taylor said: "This proposed acquisition represents a transformative step as we
broaden our geographic reach into Asia. Enercon brings a robust pipeline of projects that enhances our market valuation
and provides a highly complementary portfolio. The synergy between Enercon's specialized grid integration and battery
storage expertise with CMG's clean hydrogen and solar technology allows us to offer a truly vertically integrated clean
energy solution. We are excited about the opportunities this combination creates for shareholders."
Azhar Othman, Executive Chair of Enercon Asia Pte. Ltd., added:
"We are delighted with his transaction. We believe that becoming part of a larger, publicly listed platform will
accelerate our growth plans and enable us to deliver even greater value from our projects. To ensure continuity for our
partners and stakeholders, the existing leadership team in Singapore remains fully committed to the business
post-acquisition as we drive this next phase of growth. This transaction provides a strong foundation for future
expansion and innovation."
About CMG CleanTech S.A.
Listed on the Euronext Paris Exchange, CMG CleanTech S.A. is driven by a strong, secure ESG strategy - to develop the
clean hydrogen and solar technology at its disposal and help countries, organisations and individuals alleviate their
environmental impacts and meet ambitious 2050 carbon neutrality goals.
https://www.cmgcleantech.com/
About Enercon Asia Pte. Ltd.
Enercon Asia Pte. Ltd. is a renewable energy company headquartered in Singapore, focused on developing and delivering
sustainable energy solutions backed by a robust pipeline of regional infrastructure projects. The company specialises
in clean energy infrastructure, including solar and wind projects, supporting governments and businesses in
transitioning toward lower-carbon energy systems.
https://enercon-asia.com/
Contacts for IR and media enquiries:
pr@financialmedia.group
Franziska Grobler Financial Media Group
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Regulatory filing PDF file
File: ENG - CMG ENERCON ANNOUNCEMENT
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Language: English
Company: CMG Cleantech S.A.
6 place de la Madeleine
75008 Paris
France
E-mail: charlotte@unity-group.com
Internet: https://www.cmgcleantech.com/
ISIN: FR0013406881
Euronext Ticker: MLCMG
AMF Category: Inside information / Other releases
EQS News ID: 2322486
End of Announcement EQS News Service
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2322486 06-May-2026 CET/CEST
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May 06, 2026 07:59 ET (11:59 GMT)
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