In a filing with Bursa Malaysia Monday, Ranhill said its subsidiary Ranhill Capital Sdn Bhd has acquired 18.7 million ordinary shares in TGE on Sept 29.
TGE is principally involved in the design, construct, own, operate and maintain a renewal energy power plant for the purpose of selling electrical energy to Sabah Electrical Sdn. Bhd.
TGE has received requisite approvals to develop a 37 MW geothermal power plant at Apas Kiri, Tawau, Sabah.
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From the Global Geothermal News archives.........
Friday, May 19, 2017 - Malaysia: First Geothermal Plant to Come on Stream by 2019 Will be Private Sector Project
