Earnings visibility for Solarvest keeps growing

Apex Research said Solarvest’s order book rose to RM1.8bil, equivalent to 3.4 times FY25 revenue, providing earnings visibility over the next three years.

PETALING JAYA: Solarvest Holdings Bhd is expected to strengthen its position as a leading engineering, procurement, construction and commissioning (EPCC) player in Malaysia’s solar space following its latest contract win, worth a total RM171.7mil.

Binastra Atlantic, a joint venture between Binastra Corp (51%) and Solarvest (49%), secured letters of award for three solar farm projects totalling 56.54 megawatt alternating current under LSS5. The project is expected to be completed by June 2027.