News
11 May 2026

Tenaga raises RM1bn sukuk for Kedah solar

In:
Renewables
Region:
Asia-Pacific

Tenaga Nasional's unit TNB Kuala Muda Solar has issued a RM1.05 billion ($265 million) sukuk wakalah to help finance a 500MWac solar project in Kedah, Malaysia. The sukuk was issued in 17 tranches. Proceeds will reimburse pre-financial close project costs, refinance existing borrowings,...

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