WORLDWIDE HOLDINGS’ JERAM WTE WINS THE ASSET TRIPLE A SUSTAINABLE INFRASTRUCTURE AWARDS 2024

SHAH ALAM, 9th July 2024 - Worldwide Holdings Berhad (WHB) has once again been honoured by The Asset, receiving The Asset Triple A Sustainable Infrastructure Awards 2024 for Renewable Energy Deal of the Year under the Waste-to-Energy (WTE) category for Malaysia. The award was presented at The Asset’s 25th Anniversary Celebratory Gala Dinner at Four Seasons Singapore.

This prestigious award recognizes the syndicated green financing of up to RM999 million (the “Facility”) in relation to the development of Worldwide Waste-to-Energy (WTE) Phase 1 (the “Project”) spearheaded by WHB in Jeram, Selangor.

Currently in its construction stage, the project is set to be the largest and most modern WTE project in Malaysia upon completion, supporting Selangor’s green agenda through its capability to generate about 52.0 MW of green energy from processing up to 3,000 tonnes of municipal solid waste per day.