A subsidiary of B.Grimm Power (Malaysia); reNIKOLA acquired 2 solar power projects: Kuala Muda and Machang with a total installed capacity of 90 MW. Both projects have entered into a 21-year power purchase agreement with Tenaga Nasional Berhad the only electric utility company in Peninsular Malaysia. Besides, this renewable investment also supports B.Grimm Power’s commitment to achieve a net-zero carbon emissions target by 2050.