{"article":{"id":1932,"slug":"bm-greentech-acquires-nefin-v-power-for-rm36-million-to-enter-utility-scale-solar","title":"BM GreenTech Acquires NEFIN V Power for RM3.6 Million to Enter Utility-Scale Solar","category":"news","summary":"BM GreenTech acquires NEFIN V Power for RM3.6 million, securing a 29.99 MWac solar PV project under Malaysia's CGPP in Perak, with commercial operation targeted for 2027.","content":"## English\n\n* **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**\n* 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**\n* The solar farm will be developed across approximately **125 acres**, with **commercial operation targeted for 2027**\n* The project is expected to generate approximately **60,000 MWh** of renewable energy annually\n* Over its **25-year lifespan**, the project will avoid over **1.1 million tonnes** of carbon emissions\n* Plus Xnergy intends to provide approximately **RM12 million** in advances to NVP to support repayment of outstanding borrowings and working capital requirements\n* 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\n* 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\n* For FY2025, NVP recorded no revenue, a net loss of RM1.104 million, and negative net assets of RM164,000\n* The project has secured corporate offtake arrangements, providing contracted revenue visibility upon commencement of operations\n\n## 中文\n\n* **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\n* 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\n* 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\n* 该项目预计每年可生产约 **60,000 MWh** 可再生能源\n* 在其 **25年** 运营周期内，该项目将避免超过 **110万吨** 碳排放\n* 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\n* 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\n* 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\n* 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\n* 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","html_content":"

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\n\n","author":"Eternalgy Market Intelligence Team","tags":"solar, malaysia, market","meta_description":"BM GreenTech acquires NEFIN V Power for RM3.6M to enter utility-scale solar with 29.99MW CGPP project in Perak, expected to generate 60,000 MWh annually.","published":true,"created_at":"2026-07-06T00:00:00.000Z","updated_at":"2026-07-06T21:12:25.983Z","source_url":"https://themalaysianreserve.com/2026/07/06/bm-greentech-buys-perak-solar-project-vehicle-to-inject-rm12m-for-operations/","source_name":"The Malaysian Reserve","published_at":"2026-07-06T00:00:00.000Z","noindex":false,"marketing_line":"Eternalgy is your trusted solar PV EPC in Malaysia — CIDB G3 & SEDA RPVI certified. Go solar: https://eternalgy.me/bm-greentech-acquires-nefin-v-power-for-rm36-million-to-enter-utility-scale-solar","marketing_line_cn":"Eternalgy是您值得信赖的马来西亚太阳能光伏EPC——持有CIDB G3和SEDA RPVI认证。立即选择太阳能：https://eternalgy.me/bm-greentech-acquires-nefin-v-power-for-rm36-million-to-enter-utility-scale-solar"},"schemaData":{"@context":"https://schema.org","@graph":[{"@type":"NewsArticle","@id":"https://eternalgy.me/bm-greentech-acquires-nefin-v-power-for-rm36-million-to-enter-utility-scale-solar#newsarticle","headline":"BM GreenTech Acquires NEFIN V Power for RM3.6 Million to Enter Utility-Scale Solar","description":"BM GreenTech acquires NEFIN V Power for RM3.6 million, securing a 29.99 MWac solar PV project under Malaysia's CGPP in Perak, with commercial operation targeted for 2027.","image":["https://eternalgy.me/logo.png"],"datePublished":"2026-07-06T00:00:00.000Z","dateModified":"2026-07-06T21:12:25.983Z","author":{"@type":"Person","name":"Eternalgy Market Intelligence Team"},"publisher":{"@type":"Organization","name":"Eternalgy Sdn Bhd","url":"https://eternalgy.me","logo":{"@type":"ImageObject","url":"https://eternalgy.me/logo.png"},"foundingDate":"2023-09-15","sameAs":["https://eternalgy.com","https://solarpanels.my","https://solarpanels.onesync.my","https://solar100.com.my"]},"mainEntityOfPage":"https://eternalgy.me/bm-greentech-acquires-nefin-v-power-for-rm36-million-to-enter-utility-scale-solar","isBasedOn":"https://themalaysianreserve.com/2026/07/06/bm-greentech-buys-perak-solar-project-vehicle-to-inject-rm12m-for-operations/"},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://eternalgy.me"},{"@type":"ListItem","position":2,"name":"Energy News","item":"https://eternalgy.me/news"},{"@type":"ListItem","position":3,"name":"BM GreenTech Acquires NEFIN V Power for RM3.6 Million to Enter Utility-Scale Solar","item":"https://eternalgy.me/bm-greentech-acquires-nefin-v-power-for-rm36-million-to-enter-utility-scale-solar"}]}]}}