Kuala Lumpur: Energy infrastructure and technology company Yinson Holdings Bhd’s share price experienced an increase of 0.43 per cent today, driven by the recent announcement of its investment deal with a consortium.

According to BERNAMA News Agency, Yinson disclosed that its subsidiary Yinson Production successfully completed the previously announced US$1 billion investment deal. This deal was made with a wholly owned subsidiary of the Abu Dhabi Investment Authority, along with funds managed by British Columbia Investment Management Corporation and RRJ Group.

The investment was accomplished through the issuance of US$1 billion in redeemable convertible preferred shares and warrants by Yinson Production Offshore Holdings Ltd, a newly formed United Kingdom-based holding company.

Yinson further stated that the transaction’s successful closing followed the signing of a definitive agreement on January 14, 2025, and the fulfilment of closing conditions, which included regulatory approvals and shareholder approval.

As of 10:08 am, the company’s share price had risen by one sen to RM2.34, with 433,900 shares having been traded.