热门标签

澳5:Tenaga plans US$1bil IPO for power business, sources say

时间:1周前   阅读:2   评论:2

澳5www.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

SINGAPORE: Tenaga Nasional Bhd plans to begin the process next year for a potential US$1 billion listing of its power generation business, sources close to the matter told Reuters.

In what would be the country's largest initial public offering (IPO) in a decade, TNB Power Generation Sdn Bhd, known as TNB Genco, could be valued at about $4 billion, the sources said, declining to be named owing to the confidential nature of the matter.

Proceeds from the offering will be used to grow TNB Genco's renewable energy portfolio, they added.

Tenaga, which counts Malaysian sovereign wealth fund Khazanah Nasional Bhd as its biggest shareholder, said the company had been exploring various initiatives to boost shareholder value, including a potential listing of TNB Genco.

However, Tenaga had not made a "definitive decision in relation to these potential initiatives" and was currently focused on improving operational performance, the company said in response to a Reuters request for comment.

TNB Genco's IPO plan comes as Malaysia's economy grew at its fastest annual pace in the second quarter, boosted by expansion in domestic demand and resilient exports. The economy has seen strong recovery since it reopened its borders in April.

The IPO, if it materialises, would be Malaysia's biggest since the listing of pay TV firm Astro Malaysia Holdings Bhd in 2012. The amount raised from Malaysian IPOs has risen 37% to $570 million so far this year, according to Refinitiv data.

,

allbet欧博真人客户端www.aLLbet8.vip}是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

,

CLEAN ENERGY

Tenaga has aimed at turning TNB Genco into a greener power generator as part of its ambition to grab a bigger share of the clean energy market, its president and CEO, Baharin Din, said in a statement on Aug. 2.

The clean energy market is estimated to be worth between 65 billion ringgit ($14.64 billion) and 80 billion ringgit in Malaysia by 2050, and Tenaga aims to have TNB Genco take 40 billion ringgit of it, he added.

The company will be looking to retire certain coal plants, and seek potential collaboration with technology partners to further the development of hydrogen as a viable clean source of energy, Baharin said.

Tenaga incorporated TNB Genco as a separate unit in August 2019 to take on its generation assets and liabilities as part of its group-wide transformation plan. TNB Genco says on its website it has a 54.3% share of Malaysia's power generation market.

TNB Genco started operation in October 2020 and owns 10 thermal power plants, three hydroelectric schemes, two large solar farms and one port in Malaysia, according to its website. Its generating assets have a total capacity of 15,882 megawatts.

Its businesses also include operation and maintenance, repair and overhaul for energy-related industry. - Reuters

上一篇:澳5 --(www.a55555.net)

下一篇:胜负彩开奖(www.99cx.vip):美国航空弄丢乘客行李,找到后却建议乘客飞6000多公里外英国自取

网友评论

  • 2022-09-03 00:20:57

    Gazprombank is one of the last remaining channels for financing trade flows between Russia and Switzerland because the other major Russian banks are subject to sanctions over Moscow’s invasion of Ukraine.收藏评论,一气呵成

  • 2022-09-17 01:17:10

    “Key projects include the development of Central Park, such as the commercial and retail hub by the second quarter of 2024, Iconic Towers, serviced apartments and small office or home office (SOHO) by the first quarter of 2025,” said Mohd Yusof.特别难得的好文