UEM Lestra

Bursa Carbon Exchange, UEM Lestra collaborate to pilot Malaysia’s first CRESS auction

Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, has on Tuesday entered into a memorandum of collaboration (MoC) with UEM Lestra Bhd, a whollyowned subsidiary of UEM Group Berhad, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).