Founder Group to benefit from RMB17.4B solar EPCC contract

Founder Group (FGL) announced its strong positioning, which is strategically aligned to capitalize on the significant growth opportunities within Malaysia’s burgeoning renewable energy sector. The total EPCC contract value expected to surge up to RM17.4 billion, a 40% increase, ensuring sustained sector activity until the end of 2028. The EPCC contractors within renewable energy sector are identified as the potential “biggest winners” due to solar panel prices expected to bottom in 2025, which poses cost risks for asset owners and benefits EPCC players.