Renewable Energy News
BM GreenTech Acquires NEFIN V Power for RM3.6 Million to Enter Utility-Scale Solar
English
- BM GreenTech Bhd has acquired 100% equity interest in NEFIN V Power Sdn Bhd (NVP) for RM3.6 million via its wholly-owned subsidiary Plus Xnergy Holding Sdn Bhd
- NVP is a special purpose vehicle (SPV) developing a 29.99 MWac ground-mounted solar photovoltaic project under Malaysia's Corporate Green Power Programme (CGPP) in Perak
- The solar farm will be developed across approximately 125 acres, with commercial operation targeted for 2027
- The project is expected to generate approximately 60,000 MWh of renewable energy annually
- Over its 25-year lifespan, the project will avoid over 1.1 million tonnes of carbon emissions
- Plus Xnergy intends to provide approximately RM12 million in advances to NVP to support repayment of outstanding borrowings and working capital requirements
- The acquisition was executed via two sale and purchase agreements with NEFIN Energy (Malaysia) Sdn Bhd (90%) and NEFINCO (Malaysia) Sdn Bhd (10%), funded entirely through internally generated funds in two equal tranches
- BM GreenTech said the acquisition enables the group to transition from its existing EPC role into long-term ownership and operation of renewable energy assets, supporting its shift towards recurring income streams
- For FY2025, NVP recorded no revenue, a net loss of RM1.104 million, and negative net assets of RM164,000
- The project has secured corporate offtake arrangements, providing contracted revenue visibility upon commencement of operations
中文
- BM GreenTech Bhd 通过全资子公司 Plus Xnergy Holding Sdn Bhd,以 360万令吉 收购 NEFIN V Power Sdn Bhd (NVP) 100%股权
- NVP 是一家特殊目的载体,正在马来西亚企业绿色电力计划(CGPP)框架下,在霓雴州开发一个 29.99 MWac 地面太阳能光伏发电项目
- 该太阳能电场将在约 125英亩 的土地上开发,预计 2027年 实现商业运营
- 该项目预计每年可生产约 60,000 MWh 可再生能源
- 在其 25年 运营周期内,该项目将避免超过 110万吨 碳排放
- Plus Xnergy 计划向 NVP 提供约 1,200万令吉 埾款,用于偿还未偿借款及维持运营资金需求
- 本次收购通过与 NEFIN Energy (Malaysia) Sdn Bhd(90%) 和 NEFINCO (Malaysia) Sdn Bhd(10%) 签订的两份买卖协议执行,全部通过内部资金分两期等额支付
- BM GreenTech 表示,此次收购使集团从现有的 EPC 角色转型为可再生能源资产的长期持有者和运营商
- NVP 在 2025 财年无营收记录,净亏损 110.4 万令吉,净资产为负 16.4 万令吉
- 该项目已获得企业购电协议安排,在运营开始后提供合同收入可见性
Source:
The Malaysian Reserve ↗
