Malaysia’s Petronas Gas plans to raise 1.2 billion ringgit ($403.4 million) via a term loan or Sukuk for financing a 300 megawatt gas-fired power plant in the eastern state of Sabah, a local newspaper reported on Monday.
The Malaysian Reserve quoted Petronas Gas Chairman Anuar Ahmad as saying the fund-raising would cover 80 percent of the 1.5 billion ringgit Kimanis power plant in Sabah with the rest coming via equity……………………………………….Full Article: Source