UEM Group In Collaboration With ITRAMAS To Develop 1GW Hybrid Solar Photovoltaic Power Plant Integrated With A Renewable Energy Industrial Park In Malaysia

KUALA LUMPUR, 27 July 2023 – UEM Group Berhad (UEM Group), the wholly-owned subsidiary of Khazanah Nasional Berhad (Khazanah), has inked Memorandums of Understanding (MoUs) with local and foreign investors to develop a one (1) gigawatt (GW) Hybrid Solar Photovoltaic (PV) Power Plant integrated with a Renewable Energy (RE) Industrial Park in Malaysia (the Project). The Project is in line with the strategic and high-value national flagship energy transition projects under the National Energy Transition Roadmap (NETR), which was launched by the Minister of Economy today for which Khazanah has been named as the champion for Renewable Energy Zone (REZ)