Bank Islam, Solar Voltech ink RM105.2mil solar financing agreement


Bank Islam Malaysia group CEO Datuk Mohd Muazzam Mohamed

GEORGE TOWN: Bank Islam Malaysia Bhd has signed a financing agreement worth RM105.2 million with Solar Voltech Sdn Bhd, a subsidiary of PDC Premier Holdings Sdn Bhd, for a solar generation project.

Bank Islam group chief executive officer Datuk Mohd Muazzam Mohamed said that the financing is in line with the National Energy Transition Roadmap (NETR), reflecting Bank Islam's collective effort to be a catalyst for Malaysia's goal of achieving net zero carbon emissions by 2050.

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