Leader Energy gets US$100mil investment


PENANG: Leader Energy Group Bhd, a wholly-owned subsidiary of HNG Capital Sdn Bhd, has secured an investment of more than US$100mil from China-Asean Investment Cooperation Fund II (CAF II), which is sub-advised by ESR Group Ltd, Asia-Pacific’s leading new economy real asset manager.

In a statement, Leader Energy said the investment was made to back the expansion of its renewable power generation and transmission portfolio in South-East Asia.

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