reNIKOLA signs subscription deal for climate sukuk


From left: HLIB Group Managing Director/CEO Lee Jim Leng, reNIKOLA Holdings Managing Director Boumhidi Adel and MAIB Senior Director/Head of Debt Markets Che Puan Datuk Seri Diraja Nur Julie Gwee Ariff at the subscription agreement signing ceremony for the world’s first climate sukuk of RM390mil by reNIKOLA Solar II.

KUALA LUMPUR: Renewable energy company, reNIKOLA Holdings Sdn Bhd will be issuing its second Asean Green SRI Sukuk (reNIKOLA II Green Sukuk), which will also be the world’s first climate sukuk certified by the Climate Bonds Initiative (CBI).

In a statement, reNIKOLA said the sukuk will be issued via its wholly-owned subsidiary, reNIKOLA Solar II Sdn Bhd.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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