YTL Power to stick to investing in regulated assets

Fundamentally, Maybank IB Research considered YTL Power’s current risk-reward profile as being merely balanced.

PETALING JAYA: YTL Power International Bhd (YTL Power) is unlikely to diversify aggressively into renewable energy due to the lean returns from such projects, according to Maybank Investment Bank Research (MaybankIB).

The research house noted the utility conglomerate’s willingness to participate in greenfield coal-fired plants suggests its environmental, social and governance (ESG) concern.