MSR Green Energy gets RM408.2m loan

KUALA LUMPUR: AmBank Group has approved a financing facility totalling RM408.2 million for MSR Green Energy Sdn Bhd to part-finance its working capital requirements for a battery energy storage system project in Sabah.  The project, awarded by Sabah Electricity Sdn Bhd, is worth RM644.6 million. Upon completion, the facility will be one of the largest battery storage systems in Southeast Asia and the first energy storage facility in Sabah, with a final installed capacity of 517 megawatts per hour.