Leader Energy secures US$80mil green financing for Cambodian energy assets

by Linda

KUALA LUMPUR: Leader Energy Group Bhd said its subsidiary, Cambodian Transmission II Co Ltd (CTLII), has secured a US$80mil green financing facility from a consortium of banks, led by Maybank (Cambodia) PLC, which also acted as the sole structuring bank.

In a statement, the renewable energy and transmission solutions group said this financing facility will be utilised to refinance CTLII’s high-voltage transmission assets. 

The refinancing aligns with Leader Energy’s strategic shift towards sustainable energy infrastructure, enabling the group to further strengthen its balance sheet and support future growth.

CTLII owns and operates a 230 kV transmission line spanning approximately 125 km, connecting Kampong Cham to Phnom Penh. 

It serves as a vital artery in Cambodia’s power grid, playing a crucial role in enhancing grid reliability and ensuring efficient electricity delivery to support the country’s economic development and energy access goals.

Leader Energy executive deputy chairman and group CEO Datuk Sean H’ng said the green financing reflects its commitment to accelerating the energy transition in Cambodia and across the region.

“Strengthening our transmission capabilities not only ensures energy security but also supports national targets towards a low-carbon future. We are grateful for the trust placed in us by our banking partners, whose support empowers us to continue delivering energy solutions that uplift societies and protect the environment,” he said.

Maybank group CEO of global banking Datuk John Chong said the collaboration responds to the growing demand for sustainable energy infrastructure in Cambodia to attract investments and catalyst economic growth.

“This green financing aligns with our priorities of supporting mid-cap companies to become regional champions, and enabling sustainable development in strategic sectors.”

You may also like

Leave a Comment