Oct. 3 at 4:04 PM
$FGL 🔍 Recent Catalysts & Notable Events
1. 310 MWp Solar + 620 MWh BESS + Green Data Centre Project in Sarawak
Founder Group announced a heads-of-agreement to develop a RM1.16 billion (~USD 276 million) project combining solar, battery energy storage, and a Tier-4 Green Data Centre in Sarawak.
This is a headline, large-scale project that could shift market perception.
2. Up to RM17.4 billion in EPCC Solar Contract Pipeline
The company claims to be in line to benefit from ~RM17.4 billion (USD ~4.1 billion) of solar contract opportunities through 2028.
They also signed an MOU with GCL Systems Integration for joint renewable developments in ASEAN.
3. Smaller Contracts / Awards
• They secured a ~USD 2.36 million contract for a 30 MW solar plant in Malaysia.
• They’ve also been active in smaller EPCC awards and LOAs for floating solar, rooftop PV, etc.