KUALA LUMPUR, Oct 21 Sime Darby Plantation Bhd’s (SDP) subsidiary SDP Renewable Energy Sdn Bhd (SDPRE) plans to develop two new biogas power plants with the largest grid-connected Palm Oil Mill Effluent (POME) biogas developer in Malaysia, Cenergi SEA Bhd ‘s wholly owned subsidiary Cenergi.
HSBC Amanah s Green Bank Guarantee to propel Cenergi s solar, energy efficiency business segment NST Business
KUALA LUMPUR: HSBC Amanah Malaysia Bhd has launched its first Islamic Green Trade Finance proposition with a Green Bank Guarantee for Cenergi SEA Sdn Bhd (Cenergi).
Cenergi, a subsidiary of Khazanah Nasional Bhd based in Malaysia, is actively growing its investment portfolio in various renewable energy sources in line with its strategic priorities to integrate ESG across its investment and operational activities.
HSBC Malaysia chief executive officer Stuart Miln said the bank s green trade finance proposition could help Cenergi facilitate the integration of sustainable products and solutions into their business operations to enable long-term growth and, more importantly, reduce climate impact.