KWAP invests RM219mil in Cyan Renewables to boost Malaysia's offshore sector


KWAP chief investment officer Hazman Hilmi Sallahuddin

KUALA LUMPUR: The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.

As a co-investor in the Seraya Partners-led deal, KWAP said its investment aligns with the MADANI Economy framework, advancing sustainability, prosperity, and innovation.

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KWAP , Cyan Renewables , ESG , maritime , vessel industry

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