L-R , Asmi Haron, Henry Cheang, Al, Firdaus Shahrul Naing
150‑Word Story: Neucu Capital Partners (M) Sdn Bhd (NCAP) has successfully facilitated the full subscription of NEC Suria Asset I Sdn Bhd’s (NECSA‑I) inaugural Renewable Energy Investment Note, marking a milestone in Malaysia’s energy infrastructure financing. Structured in both conventional and Shariah‑compliant formats, the note will fund integrated solar photovoltaic (PV) and energy storage system (ESS) projects for commercial and industrial users under the Self‑Consumption (SELCO) framework.
Proceeds will support NEC Energy Systems, which delivers reliable 24/7 energy supply to factories, logistics hubs, and data centres through long‑term Energy‑as‑a‑Service agreements. Offering a 12% annual profit rate with quarterly distributions over 36 months, the asset‑backed structure provides predictable cashflows and disciplined capital deployment. NCAP CEO Asmi Haron said renewable energy is emerging as a compelling asset class, while Nexgram Holdings’ Henry Cheang emphasized governance and transparency. NECSA plans to deploy up to RM500 million in renewable assets over the next year.
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