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Tenaga acquires major solar power portfolio in Britain

Mimi Sabreena 11:54:00 AM Informasi

KUALA LUMPUR (May 12): Tenaga Nasional Bhd (TNB) via its wholly-owned subsidiary, TNB International Sdn Bhd (TNBI), has completed its 50% interest acquisition in one of Britain’s largest portfolios of operating solar power assets with a combined net installed capacity of 365 MW.

“The acquisition, with an enterprise value of circa GBP470 million, achieves a key objective of TNB’s five-year international expansion plan to acquire up to 250 MW capacity of renewable energy projects by 2020,” it said in a statement today.

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