MDV Eyes RM300 Mln Financing For Energy Transition Projects By End-2025
KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia Debt Ventures Bhd (MDV) is targeting RM300 million in approved financing for energy transition projects under the National Energy Transition Facility (NETF) by the end of 2025.
In a statement, MDV said the target includes about RM70 million in incentives to strengthen project bankability through mechanisms such as rebates and credit enhancements.
Projects identified under the NETF include renewable energy, energy efficiency, biogas/biomass and green mobility, all central to Malaysia’s decarbonisation agenda.
Introduced in Budget 2025 by the Ministry of Economy, the NETF is a key component of the National Energy Transition Roadmap (NETR). MDV has been appointed as an implementing agency to manage up to RM200 million in funding to boost project viability.
MDV chief executive officer Rizal Fauzi said the RM200 million allocation would enable the company to support between RM500 million and RM700 million worth of financing for projects aligned with the NETF.
“This multiplier effect enhances our ability to drive green technology development and accelerate energy transition efforts in Malaysia.
“MDV has been supporting the green technology sector with dedicated financing solutions since 2010, and we remain focused on deploying funds efficiently to bridge financing gaps for green technology players and high-potential energy transition projects, thereby accelerating Malaysia’s clean energy transformation,” he said.
Through the initiative, MDV aims to support 20 to 30 companies or projects between 2025 and 2026, having already approved RM122.65 million in financing, including RM40.09 million in incentives for six technology-based firms.
The NETF is open to Malaysian-registered technology companies with at least 51 per cent local ownership, undertaking projects in Malaysia that are at least at the pre-commercialisation stage, backed by proof of concept or prototype, and demonstrating revenue potential.
Rizal said MDV will prioritise high-impact initiatives with technological innovation, commercial viability and scalability to ensure alignment with Malaysia’s net-zero ambitions.
As a dedicated technology financier, MDV has consistently supported Malaysia’s green technology sector through initiatives such as the Green Technology Financing Scheme and providing targeted financing for Energy Performance Contracting.
To date, MDV has extended RM2.13 billion in financing to support the growth and development of Malaysia’s green technology sector.
MDV is a subsidiary of the Minister of Finance (Incorporated) and an agency under the Ministry of Science, Technology and Innovation (MOSTI).
To find out more about MDV’s NETF programme, please visit www.mdv.com.my/netf or email mdvinfo@mdv.com.my.
-- BERNAMA