# BM GreenTech Acquires NEFIN V Power for RM3.6 Million to Enter Utility-Scale Solar
*Author: Eternalgy Market Intelligence Team | Category: news | Published: Mon Jul 06 2026 00:00:00 GMT+0000 (Coordinated Universal Time)*

## 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