Tenaga on pace to realising RE goals

KUALA LUMPUR: Tenaga Nasional Bhd's recent acquisition of an offshore wind farm in the UK puts the group another step closer to realising its renewable energy (RE) goals.

The energy major announced to Bursa Malaysia yesterday that its subsidiary Vantage RE Ltd had completed its purchase of a 49% stake in Blyth Offshore Demonstrator Ltd from EDF Renewables (EDFR), the RE arm of French state-owned utility company Electricite de France.