KUALA LUMPUR, Malaysia Debt Ventures Bhd (MDV) is targeting RM300 million in approved financing for energy transition projects under the National Energy Transition Facility (NETF) by end-2025.
In a statement, the technology financier said the target includes around RM70 million in incentives aimed at improving project bankability through mechanisms such as rebates and credit enhancements.
The NETF covers projects in renewable energy, energy efficiency, biogas/biomass, and green mobility, all of which are central to Malaysia’s decarbonisation agenda.
Launched under Budget 2025 by the Ministry of Economy, the NETF forms part of the National Energy Transition Roadmap (NETR). MDV has been appointed as an implementing agency to manage up to RM200 million in funding to boost project viability.
Chief executive officer Rizal Fauzi said the RM200 million allocation could support between RM500 million and RM700 million worth of financing for NETF-aligned projects.
“This multiplier effect strengthens our ability to drive green technology development and accelerate Malaysia’s energy transition,” he said.
He noted that MDV has been financing green technology initiatives since 2010 and remains focused on closing funding gaps for high-potential projects, thereby supporting Malaysia’s clean energy transformation.
Through NETF, MDV expects to back 20 to 30 companies or projects between 2025 and 2026. To date, it has already approved RM122.65 million in financing, including RM40.09 million in incentives for six technology-based firms.
The facility is open to Malaysian-registered technology companies with at least 51 per cent local ownership undertaking projects in Malaysia at the pre-commercialisation stage, backed by proof of concept or prototype, and showing revenue potential.
Rizal added that MDV will prioritise high-impact projects that demonstrate technological innovation, commercial viability, and scalability, ensuring alignment with Malaysia’s net-zero ambitions.
Since its inception, MDV has extended RM2.13 billion in financing to support the country’s green technology sector, including through the Green Technology Financing Scheme and energy performance contracting.
MDV is a subsidiary of the Minister of Finance (Incorporated) and operates under the Ministry of Science, Technology and Innovation (MOSTI).
