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Founder Energy Tendering for Projects Under Malaysia's Solar Program

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Founder (FGL) said Wednesday its Founder Energy unit is tendering for projects under Malaysia's 13 billion Malaysian ringgit to 15 billion ringgit ($3.2 billion to $3.7 billion) Large-Scale Solar 6 program.

Founder said the program represents a growth opportunity that may expand its order book from the tender period through the program's expected commercial operation date of Dec. 31, 2029.

The company said that Founder Energy has been involved in more than 70 solar projects in Peninsular Malaysia.

Price: $16.40, Change: $-0.83, Percent Change: -4.82%

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