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TNB Renewables

company 1 Deal 4 Partners

TNB Renewables is a wholly-owned subsidiary of Malaysia's national utility, Tenaga Nasional Berhad (TNB), focused on developing, owning, and operating renewable energy assets. The company aims to expand its domestic and international renewable energy portfolio, primarily in solar, wind, and hydro, to support TNB Group's sustainability goals and Net Zero Emissions aspirations.

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Founded 2018 Parent: Tenaga Nasional Berhad (TNB)
Renewable Energy DeveloperDeveloperOperatorInvestor

Strategic Overview

  • Aims to be a leading renewable energy player in ASEAN and beyond, leveraging its parent company's strong utility background.
  • Focuses on expanding its international portfolio, particularly in developed markets with stable regulatory frameworks and attractive renewable energy growth potential.
  • Committed to supporting TNB Group's Net Zero Emissions aspirations by 2050 through aggressive renewable energy capacity growth.

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Investment Focus

Technologies
Solar1
Geography
Malaysia1

Key People

Mohd Zaini bin Kechik
Managing Director

Track Record

4,300
MW Total
5
Deals Completed
6
Years Active
Notable projects: LSS Sepang Solar Project (50 MW), Vantage RE UK Wind & Solar Portfolio (125.5 MW), GAMA Enerji Turkey Wind Portfolio (220 MW stake)

Detailed Analysis

Technologies
Solar PVOnshore WindHydropowerBattery Storage
Geographies
MalaysiaUnited KingdomTurkeyVietnamIndia
Deal Stage
GreenfieldBrownfieldOperating

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