With TEE Group’s experience in large-scale engineering projects and its track record in facilities management, investing into infrastructure and infrastructure-related projects (“Infrastructure business”) is a natural and complementary extension to the Engineering business.
TEE’s wholly-owned subsidiary, TEE Infrastructure Private Limited (“TEE Infrastructure”) was established to offer comprehensive sustainable solutions to meet demands for integrated infrastructure, utilities and environmental services throughout the Asia Pacific region. TEE Infrastructure actively seeks to build up its capabilities in the environmental, power and water segments, through investing in assets and developing greenfield projects in Asia Pacific.
TEE Infrastructure has a 50.1% stake in G3 Environmental Private Limited, which acquired TEE Environmental Pte. Ltd. - which in turn owns TEE Recycling Pte. Ltd. – and Envotek Engineering Pte. Ltd. As the top player in the industrial and commercial waste segment, TEE Infrastructure’s Environmental division offers a full suite of waste management solutions, from on-site and off-site waste management as well as collection and transport of waste, to processing of recyclables such as paper and plastics.
In addition, TEE Medical Services Pte. Ltd., a 45% associated company of TEE Infrastructure, will complete the acquisition of a leading medical waste management business that specialises in the treatment and disposal of biohazardous and pharmaceutical waste in early September 2018.
TEE ventured into the power business through a 21.05% investment in PowerSource Philippines Distributed Power Holdings, Inc. in 2015. Through this investment, TEE made its maiden foray into the Philippines to own and construct a 25-megawatt green-field thermal hybrid power plant. In addition, TEE Infrastructure is also expanding its power business by exploring opportunities in the waste-to-energy segment.
TEE Infrastructure’s growing solar arm leverages on TEE Group’s complimentary integrated engineering expertise to deliver a full suite of engineering, procurement, construction, as well as operations and maintenance solutions, coupled with the solar leasing model to clients.
In Thailand, TEE owns a 49% stake in Global Environmental Technology Co., Ltd. (“GETCO”). GETCO is one of Thailand’s largest waste water treatment companies, with a total capacity of 350 million litres per day, serving commercial, industrial, business and residential communities. It currently operates two wastewater treatment plants in Thailand including Bangkok’s first underground waste water treatment plant in Bang Sue.