General Announcement for PLC
07/10/2021OTHERS FAST ENERGY HOLDINGS BERHAD (FORMERLY KNOWN AS TECHFAST HOLDINGS BERHAD) ("FAST ENERGY" OR "THE FAST ENERGY GROUP") - SOLAR POWER PURCHASE AGREEMENT BETWEEN FAST SOLAR SDN BHD, VOLTA ENERGY SDN BHD, APEX OFFICE FURNITURE SDN BHD, AND APEX OFFICE FURNITURE EXPORTER SDN BHD (ESTIMATED CONTRACT VALUE UP TO RM11,745,060.00)
| FAST ENERGY HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | FAST ENERGY HOLDINGS BERHAD (FORMERLY KNOWN AS TECHFAST HOLDINGS BERHAD)
("FAST ENERGY" OR "THE FAST ENERGY GROUP")
- SOLAR POWER PURCHASE AGREEMENT BETWEEN FAST SOLAR SDN BHD, VOLTA ENERGY SDN BHD, APEX OFFICE FURNITURE SDN BHD, AND APEX OFFICE FURNITURE EXPORTER SDN BHD (ESTIMATED CONTRACT VALUE UP TO RM11,745,060.00) |
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The Board of Directors (“Board”) of Fast Energy wishes to announce that its wholly owned subsidiary company, Fast Solar Sdn Bhd (“Fast Energy Subsidiary”) had on 7 October 2021 entered into a Solar Power Purchase Agreement (“SPPA”) with Volta Energy Sdn Bhd (“Volta Energy”), Apex Office Furniture Exporter Sdn Bhd (“Customer”), and Apex Office Furniture Sdn Bhd (“Apex Office Furniture”) (the Customer and Apex Office Furniture to collectively be referred to as the “Apex Group”) where the Fast Energy Subsidiary has agreed to engage Volta Energy to construct a solar photovoltaic system (“Solar PV System”) and supply electricity to the Customer, who has agreed to purchase the same for an initial period of 25 years.
Further details of the SPPA are set out in the attachment below.
This announcement is dated 7 October 2021. |
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Please refer attachment below.
Attachments |
Announcement Info
| Company Name | FAST ENERGY HOLDINGS BERHAD |
| Stock Name | FAST |
| Date Announced | 07 Oct 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07102021-00063 |