RLE makes solar foray amid intense ESG focus

Growth strategy: A large scale solar farm in Kota Tinggi, Johor. RL has the vision of owning a solar farm or any RE farm such as biogas or biomass that would give it recurring income.

THE heightened focus on environmental, social and governance (ESG) matters by major institutional funds has placed some pressure on companies that are involved in the traditional oil and gas (O&G) energy space.

One such company, Reservoir Link Energy Bhd (RL), has decided to move some of its resources and investments into the renewable energy (RE) space, more specifically solar energy.