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Petronas Gas Berhad Signs Shareholders Agreement With NRG Consortium (Sabah) Sdn. Bhd.
Petronas Gas Berhad announced that it has entered into a Shareholders Agreement on July 1, 2011, with NRG Consortium (Sabah) Sdn. Bhd. (NRG) for the purpose of providing operation and maintenance services to a 300-Megawatt gas power plant and its related facilities and infrastructure in Kimanis, Kota Kinabalu, through a joint venture company. The Company will hold 60% stake in the joint venture company and NRG will hold the remaining 40% stake.
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