PETRONAS mulls selling Gentari stake


The stake could be worth US$300mil to US$500mil.

PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) is considering selling a minority stake in renewable energy (RE) firm Gentari Sdn Bhd to help expand the business, according to people with knowledge of the matter.

PETRONAS is working with an adviser and has drawn interest from infrastructure funds and industry peers, the people said, asking not to be identified as the process is private.

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