KUALA LUMPUR (Dec 19): A Malakoff Corp Bhd (KL:MALAKOF)-led joint venture with Solarvest Holdings Bhd (KL:SLVEST) has on Friday signed a 21-year power purchase agreement with Tenaga Nasional Bhd (KL:TENAGA) for the sale of electricity generated from its large-scale solar photovoltaic facility in Perak. MSSSB is tasked to design, construct, own, operate and maintain a 470MWac solar photovoltaic energy generating facility located at Windsor Estate in Larut and Matang, Perak. The facility will generate, deliver and sell solar energy to Tenaga throughout the tenure of the agreement. The scheduled commercial operation date of the solar facility is expected in the first quarter of 2028. At market close on Friday, shares in Malakoff fell 0.5 sen or 0.62% to 80.5 sen, giving the group a market capitalisation of RM4 billion.

Source: The Edge Markets December 19, 2025 11:06 UTC