Malaysia’s PETRONAS Acquires Singapore’s Distributed Solar Company Amplus Energy
The acquisition is part of PETRONAS’ strategy to grow its renewable energy business
April 15, 2019
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Malaysia’s state-owned oil and gas company, PETRONAS, has announced the acquisition of Singapore-based Amplus Energy Solutions Pte Ltd (M+). In a media statement issued by PETRONAS, the company stated that it has entered into an agreement with I Squared capital to acquire 100% interest in M+.
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