KUALA LUMPUR: UEM Edgenta Bhd's Energy Performance Contracting (EPC) initiative has accumulated over RM55 million in electricity savings across its adoption at public and private assets from 2017 to 2019.
The company said it will continue to explore potential opportunities related to reduction of greenhouse gas emission and assist the government in lowering its electricity costs and operational carbon footprint.
This is in support of the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC) agenda, through the National Energy Efficiency Action Plan which targets to achieve eight per cent savings from energy efficiency by 2025.
EPC structure is an innovative, turnkey financing concept of shared savings which helps building owners overcome upfront capital commitment with fast results.
The company currently provides energy management services at numerous government and privately-owned assets across Malaysia.
Key assets under its care include, among others, a network of Ministry of Health (MOH) 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 Perdana Putra building (Prime Minister’s Office).
Under the company’s energy management services programme, which is delivered by its 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 both the public and private sectors. Technology has enabled us to introduce solutions which have a 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 is where we come in with the capability to retrofit ageing and inefficient buildings at scale and deliver on sustainability-centric results such as reducing energy use and carbon footprint,” said UEM Edgenta managing director and chief executive officer Datuk Azmir Merican.
He was speaking at a meeting with MESTECC minister Yeo Bee Yin at UEM Edgenta headquarters in Kuala Lumpur, yesterday.
“We want to make a difference and support MESTECC as there are opportunities which UEM Edgenta can explore in partnership with the government to lead the way in energy efficiency initiatives, starting with its vast network of assets and elevate them to become certified green buildings.
“To produce results at scale, we are ready to work with local, home-grown small and medium enterprises (SMEs) 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.