Launch Partners

Tuesday, October 4, 2022

Launch Partners

Leader Energy’s ASEAN Green Sustainable and Responsible Investment Sukuk Wakalah rating of ‘AA-IS’ affirmed

MALAYSIA: MARC has affirmed its ‘AA-IS’ rating on Leader Energy’s outstanding ASEAN Green Sustainable and Responsible Investment Sukuk Wakalah of RM245 million (US$54.96 million) with a stable outlook, a statement confirmed.

The rating affirmation reflects the strength of the 21-year power purchase agreement between Leader Energy’s two solar power project companies, Leader Solar Energy and Leader Solar Energy II, and the offtaker Tenaga Nasional.

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