TNB’s Vantage RE is key to its expansion plans

PETALING JAYA: Tenaga Nasional Bhd’s (TNB) wholly-owned United Kingdom subsidiary Vantage RE Ltd is expected to meet one-third of the group’s target renewable energy (RE) asset portfolio of 8.3 gigawatt (GW) by 2025.

According to Kenanga Research, Vantage RE is open to both greenfield and brownfield expansions focusing on offshore wind and battery energy storage.