RM55M IN SAVINGS VIA EPC ADOPTION
UEM Edgenta to continue assisting govt in lowering electricity costs and operational carbon footprint
UEM Edgenta Bhd accumulated more than RM55 million in savings after adopting the Energy Performance Contracting (EPC) initiative at its public and private assets from 2017 to last year.
The company said it would continue to explore potential opportunities to reduce greenhouse gas emissions and assist the government in lowering electricity costs and operational carbon footprint.
The move is also in support of the Energy, Science, Technology, Environment and Climate Change Ministry’s agenda, through the National Energy Efficiency Action Plan, targeting eight per cent savings from energy efficiency by 2025.
The EPC structure is an innovative, turnkey financing concept of shared savings that helps building owners overcome upfront capital commitment with fast results.
The company provides energy management services at government and privately-owned assets in Malaysia.
Key assets under UEM Edgenta’s care include a network of hospitals in Perak, Kedah, Penang and Perlis, industrial facilities such as Proton’s Centre of Excellence at Sime UEP Industrial Park and its Tanjung Malim manufacturing plant, and the Perdana Putra building (Prime Minister’s Office).
Under its energy management services programme, which is delivered by subsidiary Edgenta Greentech Sdn Bhd, UEM Edgenta is able to retrofit ageing and inefficient buildings with energy management technologies and has the experience to adopt solutions at scale.
“We offer assurance and peace of mind to our clients from the public and private sectors. Technology has enabled us to introduce solutions that have the proven ability to positively impact energy performance of buildings designed and built in the past which are in need of today’s advanced tools.
“That’s where we come in, with the capability to retrofit ageing and inefficient buildings at scale and delivering on sustainabilitycentric results such as reducing energy usage and carbon footprint,” said UEM Edgenta managing director and chief executive officer Datuk Azmir Merican at a meeting with Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin, here, yesterday.
“We want to make a difference and explore opportunities in partnership with the government to lead the way in energy efficiency initiatives, starting with its network of assets and elevate them to become green buildings.
“To produce results at scale, we are ready to work with local, home-grown small and medium enterprises in the energy sector and develop their capabilities by using the Edgenta Academy as our industry development platform to nurture human capital through structured programmes intended to institutionalise world-class standards of our service delivery,” said Azmir.