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Mergers & Acquisitions;Renewable Energy

TotalEnergies and Masdar consolidate Asia renewables pipeline through USD 2.2 billion JV platform

TotalEnergies and Masdar have agreed to combine their onshore renewable assets across Asia into a USD 2.2 billion joint venture, creating a scaled platform to capture rising electricity demand and accelerate project deployment across multiple high-growth markets.

Azerbaijan;Indonesia;Japan;Kazakhstan;Korea (South);Malaysia;Philippines;Singapore;Uzbekistan | 2 weeks ago

Power & Utilities

IFC commits $125 million to OCI TerraSus for Sarawak polysilicon facility

The International Finance Corporation has provided a $125 million loan to OCI TerraSus to develop a semiconductor-grade polysilicon manufacturing plant in Bintulu, Sarawak. The facility, powered by renewable energy, will be Southeast Asia's first ultra-high purity polysilicon plant, supporting Malaysia's semiconductor supply chain ambitions.

2 weeks ago • Malaysia

Oil & Gas

Handal Energy and BumiRaya Petroleum form strategic SPV to consolidate regional offshore lifting market

Handal Energy Berhad has entered a 60:40 joint venture with BumiRaya Petroleum to establish a dedicated entity for offshore crane services. The partnership leverages Handal’s manufacturing infrastructure and BumiRaya’s regulatory certifications to capture growing demand for specialized lifting and maintenance solutions within the regional energy sector.

3 weeks ago • Malaysia

Hospitals & Healthcare

Sunway Healthcare's US$722m IPO, Malaysia's largest in nine years, signals sector confidence

Malaysia's Sunway Healthcare Holdings has filed for an IPO expected to raise approximately US$722 million, marking the country's largest listing in nearly a decade. The offering, comprising up to 1.97 billion shares, underscores renewed investor appetite for healthcare assets in Southeast Asia.

4 weeks ago • Malaysia

Renewable Energy

Plus Xnergy secures RM71.76 million contract for KLIA Aeropolis solar and BESS integration

Plus Xnergy Services, a subsidiary of BM GreenTech Berhad, has been awarded RM71.76 million in EPCC and supply contracts to develop a 36 MWp solar PV facility integrated with a 45 MWh battery system at KLIA Aeropolis. The project is scheduled for completion in the first half of 2027.

1 month ago • Malaysia

Hospitals & Healthcare

KJTS Group secures RM 13.5 million ACMV contract for Cengild Specialist Hospital

KJTS Group Berhad, through its subsidiary, has secured a RM 13.5 million contract for air conditioning and mechanical ventilation works at Cengild Specialist Hospital in Kuala Lumpur. The project involves decommissioning legacy systems and installing new infrastructure, marking a strategic expansion of the firm’s specialized engineering footprint within the Malaysian healthcare sector.

1 month ago • Malaysia

Latest News

Energy & Power | 3 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

Infrastructure | 3 days ago

USACE awards $113.8 million contract to J.F. Brennan for invasive carp deterrents at Brandon road project

The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.

Energy & Power | 3 days ago

CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina

CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.

Government & Policy | 3 days ago

NASA awards $76m data science contract to Development Seed for Marshall space flight center

NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.