PCB Development Partners With Leader Energy To Power Up Sustainable Bandar Meru Raya

Leader Energy Sdn Bhd owns and operates one of the world’s largest, most diversified portfolios of renewable power and transition assets with more than 270 GW of operational and development capacity. The partnership with PCB Development is another new investments via its CRESS Fund, towards accelerating the decarbonization agenda in emerging markets in the country.

Bandar Meru Raya was selected due to its primary location being one of the four nucleus townships in Ipoh City making the township a strong and attractive renewable energy location, underpinned by robust demand fundamentals and supportive policy frameworks.

Under the partnership, PCB Development will bring its catalytic developments and proven execution track record, having developed exciting projects across the township and ongoing projects in Malaysia. Leader Energy will bring its access to large-scale capital, strong global and regional corporate offtake relationships and proven operational capabilities.