Kuala lumpur: Malaysia Debt Ventures Bhd (MDV) is aiming to approve RM300 million in financing for energy transition projects under the National Energy Transition Facility (NETF) by the end of 2025.
According to BERNAMA News Agency, MDV stated that this target includes approximately RM70 million in incentives to enhance project bankability using mechanisms such as rebates and credit enhancements.
Projects identified under the NETF encompass renewable energy, energy efficiency, biogas/biomass, and green mobility, which are pivotal to Malaysia’s decarbonisation strategy. The NETF was introduced in Budget 2025 by the Ministry of Economy and is a crucial part of the National Energy Transition Roadmap (NETR). MDV has been appointed as the implementing agency to manage up to RM200 million in funding to improve project viability.
MDV’s chief executive officer, Rizal Fauzi, highlighted that the RM200 million allocation would enable the company to support between RM500 million and RM700 million worth of financing for projects aligned with the NETF. “This multiplier effect enhances our ability to drive green technology development and accelerate energy transition efforts in Malaysia. MDV has been supporting the green technology sector with dedicated financing solutions since 2010, and we remain focused on deploying funds efficiently to bridge financing gaps for green technology players and high-potential energy transition projects, thereby accelerating Malaysia’s clean energy transformation,” he stated.
Through this initiative, MDV plans to support 20 to 30 companies or projects between 2025 and 2026, having already approved RM122.65 million in financing, including RM40.09 million in incentives for six technology-based firms. The NETF is accessible to Malaysian-registered technology companies with at least 51 percent local ownership, undertaking projects in Malaysia that are at least at the pre-commercialisation stage, backed by proof of concept or prototype, and demonstrating revenue potential.
Rizal emphasized that MDV will prioritize high-impact initiatives with technological innovation, commercial viability, and scalability to ensure alignment with Malaysia’s net-zero ambitions. As a dedicated technology financier, MDV has consistently supported Malaysia’s green technology sector through initiatives like the Green Technology Financing Scheme and providing targeted financing for Energy Performance Contracting.
To date, MDV has provided RM2.13 billion in financing to support the growth and development of Malaysia’s green technology sector. MDV is a subsidiary of the Minister of Finance (Incorporated) and an agency under the Ministry of Science, Technology and Innovation (MOSTI). To learn more about MDV’s NETF programme, information can be found at www.mdv.com.my/netf or via email at [email protected].