Lotus’s Malaysia awarded NEFIN to equip 12 more stores and one Distribution Centre with solar panels

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KUALA LUMPUR, MALAYSIA – Media OutReach – 3 March 2022 – In support of its Group’s ambition to be a net zero carbon organization by 2030, Lotus’s Stores (Malaysia) Sdn Bhd (“Lotus’s Malaysia”) had on 3 March 2022 entered into its second Power Purchase Agreement (PPA) with Asia’s renowned premium carbon neutral and financing solutions company, NEFIN Group (“NEFIN”).

https://corp.lotuss.com.my/.

About NEFIN Group

NEFIN Group is a regional renowned carbon neutrality solutions provider and investor with a bespoke unified energy management platform committed to achieve carbon neutrality for organizations and is backed by AC Energy. Founded by a core management team of DuPont Solar Business, the management team has grown into a well-rounded team of engineers, legal experts, investment bankers and techno-commercial experts with the combined experience of over 40+ years of project development in Asia and 50+ years of engineering experience. NEFIN Group has over 3000MW of utility-scale, commercial, and industrial rooftop solar systems in its combined portfolio regionally. As a strong cohesive team, NEFIN Group is able to offer a comprehensive 360-degree assessment and full-suite of services on socially responsible and commercially viable projects through innovative approaches to technology under its unified energy management platform. NEFIN believes the future of the world is everyone’s responsibility and strives to redefine energy boundaries towards a sustainable future.

Please refer to NEFIN’s website www.nefinco.com for more information.

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The issuer is solely responsible for the content of this announcement.