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.
Energy Finance & Investment News in Malaysia
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.
Scatec Solar and partners have achieved financial close for three solar PV power plants in Malaysia totaling 197 MW.
Malaysia-based utilityTenaga Nasional Bhd (TNB) has achieved the financial closure for its first large scale solar (LSS) project in Malaysia.
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.
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.
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.
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.
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.
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.
1Malaysia Development Bhd., Malaysia's state investment company that nearly defaulted earlier this year, has received bids for its energy unit.
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.
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.
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.
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.
Tamarind Energy and Blackstone Energy Partners create $800m partnership to invest in South East Asia Oil and Gas
Tamarind Energy, a new exploration and production company headquartered in Kuala Lumpur, Malaysia, announced its formation with a commitment from Blackstone Energy Partners.
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.
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.
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.