TNB may seal RE deals by year-end

“We are in the midst of reaching closure on some of our acquisition deals that we are currently pursuing aggressively,’’ TNB chief international officer Shahazwan Harris (pic) said.

PETALING JAYA: Tenaga Nasional Bhd (TNB) is expected to reveal details of its long-term sustainability blueprint later this week and hopes to acquire some new cross-border renewable energy (RE) assets before year-end.

The powerhouse is pushing forth its environmental, social and governance (ESG) agenda and views its international business as a key growth area since the domestic power market is relatively small and totally electrified.