NuEnergy to Invest in 21MW Solar Facilities Across 49 Rooftop Sites

NuEnergy Holdings plans to invest in 21 MWp solar facilities across 49 rooftop sites at a government agency's premises. The investment will be undertaken by its subsidiary, IL Energy, and will be developed by the agency as the main EPCC contractor. Nuenergy's other unit, Armani Sinar, has accepted a letter of award to collaborate as a strategic partner for the project. The project is expected to be completed in Q2 2027 and will contribute positively to Nuenergy's earnings and net assets per share.