Ranita Abdullah, Head of ESG Strategy and Solutions, Group Global Banking, Maybank, spoke at the Sabah Renewable Energy Conference (SAREC) 2025, during a fireside chat on advancing renewable energy (RE) development. The event was jointly organised by Malaysian Rating Corporation Berhad and Qhazanah Sabah Berhad. Some of her key points: ✅ Despite US tariffs and heightened market volatility, the RE outlook in Malaysia and Sabah remain resilient as it is driven by long-term structural needs. ✅ Sabah’s ambitious Energy Roadmap & Masterplan 2040 – targeting 50% RE by 2035 and 80% by 2050 – is already taking shape through projects like Upper Padas and Oriole hydro projects. With regulatory clarity, a robust grid infrastructure emerging, and risks mitigation by leveraging partnerships, there is concerted effort to move towards RE. ✅ Backed by policy and economic stability, Malaysia’s deep pool of domestic RE developers and institutional investors, and liquid local debt market provide RE financing with buffers from global shocks. ✅ As Sabah’s strategic partner, Maybank’s role is to provide end-to-end sustainable finance from early-stage project finance advisory to long-term debt structuring – ensuring projects are both viable for sponsors and attractive to investors. Thank you to MARC and Qhazanah for the invitation to speak! For more info, go to https://lnkd.in/gPe4x8zA Photo credit: Malaysian Rating Corporation Berhad and Qhazanah Sabah Berhad #SAREC2025 #SabahRenewableEnergy #SustainableFinance
