Malaysian national oil company Petronas has agreed to acquire Singapore-based Amplus Energy Solutions, also known as M+, which has a portfolio of distributed, renewable energy assets in Asia, writes Amanda Battersby.
M+, which was established six years ago, caters to commercial and industrial customers, specialising in rooftop and ground-mounted solar power projects.
With cumulative capacity of more than 500 megawatts under operation and development, M+ serves more than 150 commercial and industrial customers in locations across India, the Middle East and Southeast Asia.
