But it said that"it is unlikely that to draw down on such a loan", given that it had completed a refinancing in May.
Senoko reported positive cash flow in its last financial year of 2018, she noted, and has secured added working capital facilities from shareholders, on top of new working capital facility lenders.reported that Senoko's net loss widened to about S$400 million last year, Senoko said this figure is"not performance-related". Rather, it was due to a decision to impair some of Senoko's tangible and non-tangible assets and inventory.
These include: increased demand and reprofiling of gas contracts; 1,250 megawatts of generation capacity being retired from the system in 2019, with another 2,800 megawatts indicated for retirement progressively till 2021; as well as an overall rise in demand.
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