Deal #10392

Malaysia

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Created at

2024-06-16

Last update

2024-08-29

Operating Company

Operating company

Actors involved in the negotiation / admission process

Tenaga Nasional Berhad (TNB) Intermediary

Name of investment project

Gurun Solar Farm / Quantum Solar Park

Comment on investment chain

In December 2016, Scatec Solar entered the Malaysian large-scale solar energy market by joining forces with a local ITRAMAS-led consortium that had signed three 21-year Power Purchase Agreements (PPAs) with the country’s largest electricity utility, Tenaga Nasional Berhad (TNB). The partnership covers realisation of three solar plants totaling 197 MW with a total investment of about MYR 1,235 million (USD 293 million).

Network of parent companies and tertiary investors/lenders

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