Malaysia’s UEM acquires majority shares in Sustainable energy solutions company Cenergi

Malaysian engineering-based infrastructure and services company UEM Group Berhad has secured majority shares in sustainable energy solutions company Cenergi SEA Berhad (Cenergi) from Khazanah Nasional Berhad (Khazanah).

UEM partners local, foreign investors to develop hybrid solar photovoltaic power plant in Malaysia

UEM Group Berhad, the wholly-owned subsidiary of Malaysian sovereign wealth fund Khazanah Nasional Berhad (Khazanah), has inked Memorandums of Understanding (MoUs) with local and foreign investors to develop a one gigawatt (GW) hybrid solar photovoltaic (PV) power plant integrated with a Renewable Energy (RE) Industrial Park in Malaysia.