Sign up
Log in
NuEnergy wins RM44.5mil Johor data centre contract
Share
Listen to the news

KUALA LUMPUR: NuEnergy Holdings Bhd (NHB) has secured a RM44.5mil contract for mechanical, electrical and plumbing (MEP) works for a data centre project in Johor Bahru, marking its largest high-voltage project to date.

In a filing with Bursa Malaysia, NuEnergy said it had accepted a letter of award from a China-headquartered construction and engineering company for mechanical, electrical and plumbing (MEP) works on a two-storey 265kV/11kV Consumer Landing Station Building for a data centre in Johor.

The project is expected to be completed in the fourth quarter of 2026.

NuEnergy said the contract represents a significant milestone in its strategic expansion into the extra high voltage (EHV) and transmission line segment, particularly within the fast-growing data centre sector.

It added that the contract is expected to contribute positively to the group's order book, revenue and profitability for the financial year ending Dec 31, 2026.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.