TNB now owns majority stake in UK's Vortex Solar

In a statement, TNB president and chief executive officer Datuk Seri Amir Hamzah Azizan described the acquisition as a key milestone in the group’s commitment to reduce its carbon footprint and grow its international renewable energy business portfolio.

PETALING JAYA: Tenaga Nasional Bhd (TNB) has acquired an additional 5% stake in Vortex Solar Investments S.a.r.l, giving the company a majority equity interest in one of the largest solar platforms in the United Kingdom.

The £11mil (RM59mil) deal raised TNB’s stake in Vortex Solar to 55%, the company said in a filing with Bursa Malaysia yesterday.