Tenaga Nasional Berhad achieves financial closure for a 30-MW solar project

Tenaga Nasional Berhad has achieved financial closure of RM 144 million for a 30 MW solar project in Kedah. The financing of up to RM 144 million for the project will be provided by MUFG Bank Malaysia Bhd (part of Japan’s MUFG Bank). The project is expected to be operational by the last quarter of 2020.