Khazanah unit Cenergi secures financing facility of up to RM100mil

SHAH ALAM: Cenergi SEA Sdn Bhd, through wholly-owned subsidiary Cenergi RE Sdn Bhd, has secured up to RM100 million Green Club Facility from MIDF Amanah Investment Bank Bhd and China Construction Bank (M) Bhd to finance its biogas-to-energy (BTE) projects.

Group chief executive officer Ernest Navaratnam said the projects included nine additional BTE plants in Perak, Negeri Sembilan and Pahang.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Cenergi , Khazanah


Next In Business News

BNM: Micro, small businesses to continue enjoying zero-cost transactions via DuitNow QR payments
Hong Leong Bank to continue to waive transaction fees for DuitNow QR payments
Public Mutual declares over RM47mil for two funds
Budget 2024: A tough balancing act for Anwar
Marine & General cautiously optimistic about FY24 performance
WtE space heats up
CPO price set to recover
Private hospitals, insurers stirred as claims rise
Fit for expansion
Streamlining a business practicality

Others Also Read