G3nerasi Kinta Sdn Bhd (GKinta), a joint venture between SD Guthrie, Gamuda and Gentari Renewables, has entered into a term sheet for a 21-year renewable energy supply contract with a US-based multinational technology company to power its data centres in Malaysia. The agreement was signed under Malaysia’s Corporate Renewable Energy Supply Scheme (CRESS) and involves a hybrid utility-scale solar photovoltaic plant in Perak with a minimum net capacity of 680 MWac and a four-hour battery energy storage system (BESS).
The project is estimated to generate gross revenue exceeding RM10 billion ($2.5 billion) over the 21-year offtake period, with commercial operations targeted for 2029. GKinta is wholly owned by G3nerasi Mutiara, in which SD Guthrie Renewable Energy, Gamuda Energy and Gentari Renewables hold 33.5 per cent, 33 per cent and 33.5 per cent stakes, respectively. The BESC and related CRESS agreements are targeted for completion by the first quarter of 2027, with project funding expected through project financing and equity contributions from the consortium partners.