Reservoir Link Secures 5 Solar Contracts Worth RM12.05 Million

Kuala Lumpur, 2 December 2022 – Reservoir Link Energy Bhd (“Reservoir Link” or “Group”), an energy related services provider, announced that its 51% owned subsidiary Founder Energy Sdn Bhd, has won 5 solar contracts, between October and November 2022, valued at RM12.05 million.

These contracts primarily involve the development of solar energy related facilities in Kuala Lumpur, Selangor and Perak where the scope of services is benched on Reservoir Link’s relevant expertise in the solar renewable segment. The projects are targeted to be completed between end 2022 and mid 2023. With these contracts, Reservoir Link’s order book for solar renewable segment increases to RM51.5 million.

Reservoir Link Executive Director Thien Chiet Chai said, “As 2022 is gradually coming to an end, I am humbled to once again announce that we have received additional contracts to boost our solar renewable segment. It can be said that energy transition overnight is not an easy feat but I am immensely prided to see the growing interest coming from our clients with thriving demand and continuous replenishments in orders. In line with our ideology of bringing long term value, we strongly believe that our hard work today will further enhance value for the Group.”