Constant Energy and Virya Energy Group secure RM102.40 million financing from AmBank Group for 29.99 MWac solar project in Perak
AmBank Group provided RM102.40 million in financing for Gajahsuria Power's 29.99 MWac solar project in Perak, Malaysia. The project, backed by Constant Energy and Virya Energy Group, supports the country's clean energy transition and aligns with Malaysia's goal of achieving carbon neutrality by 2050. Located in Perak, the solar initiative is expected to contribute to local economic growth while expanding renewable energy capacity in the region. The financing structure underscores collaboration between financial institutions and renewable energy developers to accelerate decarbonization efforts. This deal marks a concrete step toward Malaysia's renewable energy targets, with the project poised to deliver clean power to the grid.
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