MARC Ratings assigns “Gold” Impact Assessment to TNB Power Generation’s Sustainability Sukuk Framework
MARC Ratings has assigned a “Gold” Impact Assessment to TNB Power Generation Sdn Bhd’s (TPGSB) Sustainability Sukuk Framework that has now been expanded to encompass the development and operation of other renewable energy projects or assets, in addition to the Nenggiri Hydroelectric Power Plant Project. TPGSB will issue Sustainability Sukuk from its existing Sukuk Wakalah …