Upbeat outlook on YTL Power’s data centre, solar assets in Johor

PETALING JAYA: RHB Research remains positive about YTL Power International Bhd’s prospects, underpinned by the latter’s development of data centres (DCs) and solar assets in Kulai, Johor.

Back in 2021, YTL Power’s 70%-owned subsidiary Sultan Iskandar Power Station had purchased 664 ha of oil palm estates for RM429mil from Boustead Plantations Bhd with the intention to develop large-scale solar plants.