KUALA LUMPUR: RAM Rating Services Bhd has reaffirmed the AA3 long-term rating of Jimah Energy Ventures Sdn Bhd's (JEV) RM4.85bil senior Islamic medium-trm notes facility (2005/2025) with a stable outlook.
JEV is an independent power producer that owns and operates a 1,400-MW coal-fired power plant in Port Dickson under a 25-year power purchase agreement with Tenaga Nasional Bhd.
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