Kuala Lumpur, 21 June 2026 – Malaysia is increasingly positioned to become a regional leader in energy transition financing as investor appetite grows for well-structured renewable energy and low-carbon infrastructure projects, according to Tenaga Nasional Berhad’s Chief New Energy Officer Mohd Zarihi Mohd Hashim.
The momentum was reflected in TNB’s recent Islamic bond issuances totalling RM2.5 billion for energy transition projects. The issuances comprised RM1 billion for solar development in May and RM1.5 billion for hydro-related projects in March, with both exercises oversubscribed by five times.
The strong response signals that institutional investors are prepared to support renewable energy assets when projects are bankable, clearly structured and backed by credible counterparties. For Malaysia, this strengthens the case that capital availability may not be the biggest hurdle in the country’s energy transition journey.
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