MARC sees no immediate impact on Quantum Solar Park (Semenanjung) Sdn Bhd’s (QSP Semenanjung) AA-IS/Stable rating on its RM1.0 billion Green SRI Sukuk (sukuk) following delays in commercial operation dates (COD) for its three solar power plants. The scheduled COD (SCOD) had been extended by Tenaga Nasional Bhd (TNB) to March 31, 2018 from December 31, 2017 for all three plants at Gurun, ...

MARC has assigned a final rating of AA-IS to Quantum Solar Park (Semenanjung) Sdn Bhd’s (QSP Semenanjung) Green SRI Sukuk of up to RM1.0 billion. The outlook on the rating is stable. Upon review of the final documentation of the proposed issuance, MARC is satisfied that the terms and conditions of the Green SRI Sukuk have not changed in any material way from the draft documentation on whic...

MARC has assigned a preliminary rating of AA-IS to Quantum Solar Park (Semenanjung) Sdn Bhd’s (QSP Semenanjung) proposed Sukuk Murabahah of up to RM1.0 billion. The outlook on the rating is stable. This sukuk will be Malaysia’s first Green Sustainable and Responsible Investment (Green SRI) Sukuk to be issued by a solar power producer. QSP Semenanjung is a wholly-owned subsidiary of Quantum So...