Founder Group Limited Announces Landmark RM1.16 billion [USD276 million] 310 MWp Solar-Plus-Storage Project in Sarawak, Anchoring Regional Green Data Centre
Founder Group Limited - Class A Ordinary Shares (FGL)
Last founder group limited - class a ordinary shares earnings: 11/15 04:15 pm
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Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“FGL” or “the Company”) today announced the execution of a Heads of Agreement with Planet QEOS Sdn. Bhd. for the joint development of a pioneering, large-scale renewable energy facility in Sarawak, Malaysia with estimated value of up to RM1.16 billion [USD276 million]. This initiative forms a critical component of the wider Baram DeepTech Energy Programme. Unprecedented Capacity and Development Value The facility is slated to be among the largest clean energy developments in the region, encompassing a 310 MWp ground-mounted solar photovoltaic (PV) power plant and a massive 620 MWh Battery Energy Storage System (BESS). The FGL-led consortium is also committing to development of a 200 MW Tier-4 Green Data Centre Park (SDCP) on 350 acres in Baram. This project represents Malaysia’s first “firm” solar power plant, designed to provide continuous, dispatchable renewable electricity com
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FGL
Sec Filings
- 12/2/25 - Form 144
- 11/21/25 - Form 6-K
- 11/20/25 - Form 6-K
- FGL's page on the SEC website