Treasure Global (TGL) said Tuesday its Tadaa Technology unit has formed a partnership with Malaysia-based Kainan to provide AI-enabled technology services for a planned $367 million solar farm project.
The proposed 360-megawatt solar farm is expected to provide energy to a data center under a 25-year power supply arrangement, the company said.
Tadaa expects about $7.3 million in annual technology-related revenue from the project upon full deployment, Treasure Global said.
Shares of Treasure Global were down more than 16% in Tuesday trading.
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