Sembcorp Industries Ltd (SGX:U96), Keppel Corporation Limited (SGX:BN4) and YTL Power International Berhad (KLSE:YTLPOWR) are reportedly interested in acquiring Tuaspring integrated water and power project in Singapore from Hyflux Ltd (SGX:600). An anonymous source told Bloomberg that Hyflux reached out to Metro Pacific Investments Corporation (PSE:MPI) to gauge its interest. The interested parties would need approval from the Public Utilities Board, which regulates the Singapore water supply, before receiving more details of Tuaspring's business operations, according to the sources.

Hyflux started a court-supervised reorganization process in May 2018 and obtained a six-month debt moratorium with respect to its liabilities of SGD 2.5 billion. Bloomberg reported that Hyflux representative was unable to comment. Sembcorp said by email that from time to time, the company may evaluate different opportunities.

There's no assurance any such discussions will lead to a transaction, according to Sembcorp. Keppel said in a statement that it's always evaluating opportunities where it is able to grow its businesses. YTL Power Managing Director Yeoh Seok Hong couldn't immediately be reached by phone and didn't respond to emailed queries.

“We were offered to take a look, but we have no details as of now,” Metro Pacific President Joey Lim said in response to Bloomberg queries.