RM1.5 billion joint venture between Stonepeak Kelvin Holdings Limited and KJ Technical Services Sdn. Bhd.
Advised Stonepeak Kelvin Holdings Limited, a wholly owned subsidiary of Stonepeak Kelvin Upper Holdings Pte. Ltd. (an affiliate of Stonepeak Partners LP), on the establishment of a RM1.5 billion joint venture with KJ Technical Services Sdn. Bhd., a wholly owned subsidiary of KJTS Group Berhad., for the development, financing, ownership, and operation of district cooling and energy infrastructure assets in Malaysia through Lestari Cooling Energy Sdn. Bhd.
Advising Stonepeak Kelvin Holdings Limited were Partners Ang Sinn E, Dzuhairi bin Jaafar Thani, and Kwong Chiew Ee.