{"article":{"id":1898,"slug":"ibraco-signs-100-mw-solar-ppa-with-syarikat-sesco-for-sarawak-project","title":"Ibraco Signs 100 MW Solar PPA With Syarikat Sesco For Sarawak Project","category":"news","summary":"Ibraco Bhd signs 30-year PPA with Syarikat Sesco for a 100 MW solar PV project in Sarawak, marking the company's diversification into renewable energy.","content":"## English\n\n* **Ibraco Bhd** has signed a 30-year Power Purchase Agreement (PPA) with Syarikat Sesco Bhd for a **100 MW (AC) solar PV project** in Similajau, Bintulu Division, Sarawak\n* The project will be developed by Equinox Power Sdn Bhd, an associate company **24.5%-owned by Ibraco**\n* Equinox Power will **develop, construct, own, operate, and maintain** the solar facility\n* Commercial operations are expected to commence by **December 2029**\n* The PPA is not expected to materially impact Ibraco's FY2026 earnings but will contribute positively once operational\n* This marks Ibraco's **diversification from infrastructure and property into renewable energy**\n* Ibraco shares ended flat at **RM1.16**, giving a market capitalisation of **RM633.4 million**\n* The agreement was disclosed via a Bursa Malaysia filing on **June 26, 2026**\n\n## 中文\n\n* **Ibraco有限公司**与Syarikat Sesco有限公司签署了一份为期30年的购电协议（PPA），将在砂拉越实必劳开发一座**100兆瓦（交流）太阳能光伏发电项目**\n* 该项目将由Equinox Power有限公司开发，该公司由Ibraco**持有24.5%股权**\n* Equinox Power将负责**开发、建设、拥有、运营和维护**该太阳能设施\n* 预计商业运营将于**2029年12月**启动\n* 该PPA预计不会对Ibraco 2026财年收益产生重大影响，但投入运营后将带来积极贡献\n* 此举标志着Ibraco从基础设施和房地产领域**向可再生能源的多元化转型**\n* Ibraco股价收平于**1.16令吉**，市值为**6.334亿令吉**\n* 该协议于**2026年6月26日**通过马来西亚交易所公告披露","html_content":"<h2>English</h2>\n<ul>\n<li><strong>Ibraco Bhd</strong> has signed a 30-year Power Purchase Agreement (PPA) with Syarikat Sesco Bhd for a <strong>100 MW (AC) solar PV project</strong> in Similajau, Bintulu Division, Sarawak</li>\n<li>The project will be developed by Equinox Power Sdn Bhd, an associate company <strong>24.5%-owned by Ibraco</strong></li>\n<li>Equinox Power will <strong>develop, construct, own, operate, and maintain</strong> the solar facility</li>\n<li>Commercial operations are expected to commence by <strong>December 2029</strong></li>\n<li>The PPA is not expected to materially impact Ibraco&#39;s FY2026 earnings but will contribute positively once operational</li>\n<li>This marks Ibraco&#39;s <strong>diversification from infrastructure and property into renewable energy</strong></li>\n<li>Ibraco shares ended flat at <strong>RM1.16</strong>, giving a market capitalisation of <strong>RM633.4 million</strong></li>\n<li>The agreement was disclosed via a Bursa Malaysia filing on <strong>June 26, 2026</strong></li>\n</ul>\n<h2>中文</h2>\n<ul>\n<li><strong>Ibraco有限公司</strong>与Syarikat Sesco有限公司签署了一份为期30年的购电协议（PPA），将在砂拉越实必劳开发一座<strong>100兆瓦（交流）太阳能光伏发电项目</strong></li>\n<li>该项目将由Equinox Power有限公司开发，该公司由Ibraco<strong>持有24.5%股权</strong></li>\n<li>Equinox Power将负责<strong>开发、建设、拥有、运营和维护</strong>该太阳能设施</li>\n<li>预计商业运营将于<strong>2029年12月</strong>启动</li>\n<li>该PPA预计不会对Ibraco 2026财年收益产生重大影响，但投入运营后将带来积极贡献</li>\n<li>此举标志着Ibraco从基础设施和房地产领域<strong>向可再生能源的多元化转型</strong></li>\n<li>Ibraco股价收平于<strong>1.16令吉</strong>，市值为<strong>6.334亿令吉</strong></li>\n<li>该协议于<strong>2026年6月26日</strong>通过马来西亚交易所公告披露</li>\n</ul>\n","author":"Eternalgy Market Intelligence Team","tags":"solar, malaysia, market","meta_description":"Ibraco signs 100 MW solar PPA with Syarikat Sesco for Sarawak project, diversifying into renewable energy with December 2029 commercial operations target.","published":true,"created_at":"2026-06-26T00:00:00.000Z","updated_at":"2026-06-29T21:05:44.323Z","source_url":"https://www.pandwsolar.com/ibraco-signs-100-mw-solar-ppa-with-syarikat-sesco-for-sarawak-project/","source_name":"SolarQuarter","published_at":"2026-06-26T00:00:00.000Z","noindex":false,"marketing_line":"Eternalgy is your trusted solar PV EPC in Malaysia — CIDB G3 & SEDA RPVI certified. Go solar today: https://eternalgy.me/ibraco-signs-100-mw-solar-ppa-with-syarikat-sesco-for-sarawak-project","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/ibraco-signs-100-mw-solar-ppa-with-syarikat-sesco-for-sarawak-project"},"schemaData":{"@context":"https://schema.org","@graph":[{"@type":"NewsArticle","@id":"https://eternalgy.me/ibraco-signs-100-mw-solar-ppa-with-syarikat-sesco-for-sarawak-project#newsarticle","headline":"Ibraco Signs 100 MW Solar PPA With Syarikat Sesco For Sarawak Project","description":"Ibraco Bhd signs 30-year PPA with Syarikat Sesco for a 100 MW solar PV project in Sarawak, marking the company's diversification into renewable energy.","image":["https://eternalgy.me/logo.png"],"datePublished":"2026-06-26T00:00:00.000Z","dateModified":"2026-06-29T21:05:44.323Z","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/ibraco-signs-100-mw-solar-ppa-with-syarikat-sesco-for-sarawak-project","isBasedOn":"https://www.pandwsolar.com/ibraco-signs-100-mw-solar-ppa-with-syarikat-sesco-for-sarawak-project/"},{"@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":"Ibraco Signs 100 MW Solar PPA With Syarikat Sesco For Sarawak Project","item":"https://eternalgy.me/ibraco-signs-100-mw-solar-ppa-with-syarikat-sesco-for-sarawak-project"}]}]}}