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Energy Finance & Investment News in Malaysia

Constant Energy wins Sabah PV solar project

Constant Energy wins Sabah PV solar project

🕔Dec 15, 2017

Constant Energy consortium has won a solar PV power plant in Malaysia Government tender with grid parity bid. The project consist of constructing and operating a large-scale solar photovoltaic power project in the Sabah region of Malaysia with a total generation capacity of approximately 7.5 MW under a 21-year PPA. The award was made under the second round of the Malaysian Government Large Scale Solar PV program.

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Malaysia’s Solar Management secures US$60.2 million for 50-MW Rembau solar park

Malaysia’s Solar Management secures US$60.2 million for 50-MW Rembau solar park

🕔Dec 4, 2017

Malaysian firm Solar Management (Seremban) Sdn Bhd has obtained MYR 247 million (US$60.2 million) to fund the construction of the 50 MW Rembau solar park.

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Scatec Solar closes financing for 197 MW in Malaysia

Scatec Solar closes financing for 197 MW in Malaysia

🕔Oct 6, 2017

Scatec Solar and partners have achieved financial close for three solar PV power plants in Malaysia totaling 197 MW.

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Tenaga secures financial closure for its first large scale solar project

Tenaga secures financial closure for its first large scale solar project

🕔Aug 22, 2017

Malaysia-based utilityTenaga Nasional Bhd (TNB) has achieved the financial closure for its first large scale solar (LSS) project in Malaysia.

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IPPToday #40: Malaysia's 460 MW solar tender attracts 1.6 GW bids

IPPToday #40: Malaysia's 460 MW solar tender attracts 1.6 GW bids

🕔Aug 21, 2017

The Energy Commission of Malaysia (EC) has received over 1,640 MW of submissions in the second competitive bid process for large scale PV projects in the country.

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Edra Power to develop solar farm in Malaysia

Edra Power to develop solar farm in Malaysia

🕔Mar 29, 2017

Edra Power Holdings Sdn Bhd, a leading clean energy group in Southeast Asia focusing on gas power generation, is to build a large-scale solar photovoltaic plant in Malaysia, with a generating capacity of 50 MW.

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Malaysia's TNB signs solar PPA deals for two projects

Malaysia's TNB signs solar PPA deals for two projects

🕔Mar 7, 2017

Tenaga Nasional Bhd (TNB), the only electric utility company in Malaysia, has announced it has signed two Power Purchase Agreements (PPAs) for two 50 MW solar projects.

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Scatec Solar partners to build 200 MW PV projects in Malaysia

Scatec Solar partners to build 200 MW PV projects in Malaysia

🕔Dec 16, 2016

Scatec Solar has entered the Malaysian large-scale solar energy market by joining forces with a local ItraMAS-led consortium that has signed three 21-year Power Purchase Agreements with the country's largest electricity utility, Tenaga Nasional Berhad.

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GMR Infrastructure Ltd. announces completion of investment by Tenaga Nasional Berhad in GMR Energy

GMR Infrastructure Ltd. announces completion of investment by Tenaga Nasional Berhad in GMR Energy

🕔Nov 17, 2016

GMR Energy Limited, a subsidiary of GMR Infrastructure Ltd has announced allotment of 30% stake to Tenaga Nasional Berhad, Malaysia for a cash consideration of USD$300 million, implying an Equity value of USD$1 billion.

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Mitsui sells 50 % stake in Malaysian ultra super critical coal-fired power plant

Mitsui sells 50 % stake in Malaysian ultra super critical coal-fired power plant

🕔Jan 20, 2016

Mitsui & Co., Ltd., through 3B Power Sdn Bhd, Mitsui's wholly owned subsidiary in Malaysia, has jointly established with Tenaga Nasional Berhad (TNB), which is the largest electric utility company in Malaysia, Jimah East Power Sdn Bhd (JEP) to build and operate a ultra super critical coal-fired power plant.

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Updated - Two bidders target 1MDB’s energy assets in Malaysia

Updated - Two bidders target 1MDB’s energy assets in Malaysia

🕔Nov 6, 2015

1Malaysia Development Bhd., Malaysia's state investment company that nearly defaulted earlier this year, has received bids for its energy unit.

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Tenaga makes indicative bid to acquire power assets of 1MDB

Tenaga makes indicative bid to acquire power assets of 1MDB

🕔Jul 24, 2015

Tenaga Nasional Berhad (TNB) has submitted an indicative non-binding proposal to acquire five domestic and eight international power assets of 1Malaysia Development Berhad (1MDB)'s Edra.

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Malaysia's CIMB not to advise on sale of 1MDB's power assets

Malaysia's CIMB not to advise on sale of 1MDB's power assets

🕔Apr 6, 2015

CIMB Group announced today that it has been informed by the Ministry of Finance (MOF) that CIMB’s services as adviser to the potential sale of Edra Global Energy Bhd are no longer required.

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1MDB seeks partners for 2,000 MW Project 3B

1MDB seeks partners for 2,000 MW Project 3B

🕔Mar 30, 2015

Jimah East Power Sdn Bhd, a joint venture (JV) between 1Malaysia Development Berhad (1MDB) and Mitsui & Co Ltd, is seeking partners to develop Project 3B, a 2000 MW coal-fired power plant in Negeri Sembilan, Malaysia.

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Petrofac - First Reserve JV gets financing for two floating storage facilities

Petrofac - First Reserve JV gets financing for two floating storage facilities

🕔Oct 7, 2014

Petrofac, the international service provider to the oil and gas industry, and First Reserve, the global energy-focused infrastructure investment firm, have secured fund to finance two floating storage facilities.

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Tamarind Energy and Blackstone Energy Partners create $800m partnership to invest in South East Asia Oil and Gas

Tamarind Energy and Blackstone Energy Partners create $800m partnership to invest in South East Asia Oil and Gas

🕔Aug 4, 2014

Tamarind Energy, a new exploration and production company headquartered in Kuala Lumpur, Malaysia, announced its formation with a commitment from Blackstone Energy Partners.

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Salamander Energy sells stake in Malaysia oil concessions

Salamander Energy sells stake in Malaysia oil concessions

🕔Aug 1, 2014

Salamander Energy has announced it has signed a sale agreement with SONA Petroleum Berhard to dispose a 40% working interest in the B8/38 concession containing the Bualuang oil field and the surrounding G4/50 concession, both located in the Gulf of Thailand.

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Malaysia's Tenaga National signs PPA for power deal with 1MDB, Mitsui

Malaysia's Tenaga National signs PPA for power deal with 1MDB, Mitsui

🕔Jul 24, 2014

Tenaga Nasional Bhd (TNB), the largest Electric utility company in Malaysia, has signed a power purchase agreement (PPA) with Jimah East Power Sdn Bhd, relating to a coal-fired power plant with a capacity of 2,000 MW in the state of Negeri Sembilan, Malaysia.

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1Malaysia Development Bhd hires advisors for IPO

1Malaysia Development Bhd hires advisors for IPO

🕔Jul 11, 2014

Deutsche Bank and Goldman Sachs, as well as two local banks Maybank and AmBank are understood to be advising on the upcoming IPO of 1Malaysia Development's power assets, with the deal estimated to be worth more than $3 billion.

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