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TNB Subsidiary TI TNB Genco Lodges Sustainability Sukuk Facility for Kenyir Solar Project

PUBT·11/02/2026 10:06:56
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TNB Subsidiary TI TNB Genco Lodges Sustainability Sukuk Facility for Kenyir Solar Project
  • TI TNB Genco Solar Kenyir 1 lodged an ASEAN Sustainability SRI Sukuk Wakalah Facility with Malaysia's Securities Commission on October 30, 2026.
  • The issuer is 70%-owned by TNB Power Generation, a wholly owned subsidiary of Tenaga Nasional.
  • Proceeds will help finance a 595-MW hybrid hydro floating solar project at Kenyir Lake, Terengganu, with 297-MW/1,190-MWh battery storage.
  • Sukuk tenures range from one to 23 years; issuance is due within 90 business days of lodgement unless the regulator grants extensions.
  • MARC Ratings assigned the facility a preliminary AA+IS credit rating with a stable outlook.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TNB - Tenaga Nasional Berhad published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3721436) on November 02, 2026, and is solely responsible for the information contained therein.