1MDB's energy assets sale on track, four short-listed to bid

1MDB homepage.

1Malaysia Development Berhad’s (1MDB) sale of its power assets, parked under Edra Global Energy, is well underway, local media reported citing sources. The deadline for final bids by the four short-listed candidates has been set for the middle of this month.

It was reported early last week that the short-listed candidates were Qatar’s Nebras Power QSC, Hong Kong-listed CGN Meiya Power Holdings Co Ltd and Saudi Arabia-based ACWA Power International. Tenaga Nasional Berhad is the sole party from the domestic market which has shown interest.

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