Saudi-based ACWA Power keen on investing over RM47bil in Malaysia

RIYADH: Saudi Arabia-based renewable energy giant ACWA Power has expressed interest to invest more than US$10bil (RM47.6bil) in Malaysia over a 10-year period in collaboration with Cypark Resources Bhd.

This was conveyed by ACWA Power chairman Mohammad A. Abunayyan when he paid a courtesy call on Prime Minister Datuk Seri Anwar Ibrahim on the sidelines of the World Economic Forum (WEF) Special Meeting here Monday (April 29).