TNB wraps up energy deal


ISTANBUL: Tenaga Nasional Bhd (TNB) has completed a deal on its entry into Turkey’s expanding energy sector, with the successful transfer of shares in Gama Enerji AS to Global Power Enerji AS, a wholly-owned unit of TNB.

This follow TNB’s successful acquisition of a 30% stake in Gama Enerji from Gama Holding AS, International Finance Corp and IFC GIF Holding, a fund managed by the IFC Asset Management Co.

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Business , tnb , najib razak , leo moggie

   

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