reservoirlink acquires SAG Renewables

Astern Technologies (SAG Renewables) Acquired by Reservoir Link Energy for RM10.5 mil

Summary: Reservoir Link Energy Bhd (RLE) is acquiring a 100% stake in SAG Renewables Sdn Bhd (SAGR) for RM10.5 million. SAGR owns 13 operational solar energy collector sites serving 9 clients,¬†providing immediate revenue generation potential. This acquisition supports RLE’s goal of reaching 100 MWp renewable energy capacity by 2025. Funding will come from a mix …

Astern Technologies (SAG Renewables) Acquired by Reservoir Link Energy for RM10.5 mil Read More »