AmBank Group extends loan to Sabah BESS job


PETALING JAYA: AmBank Group has approved a total financing facility of RM408.2mil to MSR Green Energy Sdn Bhd (MSRGE) to part-finance its working capital requirements for a landmark 100MW/400MWh battery energy storage system (BESS) project awarded by Sabah Electricity Sdn Bhd.

In a joint statement, the parties said the BESS project, located in Lahad Datu, Sabah, is valued at RM644.6mil and was awarded to MSRGE in September 2024.

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