KUALA LUMPUR, April 15 (Bernama) — PETRONAS today announced that it has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus Energy Solutions Pte Ltd, also known as M+, a leading Singapore-based company with a portfolio of distributed, renewable energy assets in Asia.
The acquisition, which is expected to be completed later this month, marks PETRONAS’ international foray into renewable energy.