BEST Magazine
3 September 2026
Blueleaf and Universal Peak close finance for 400MWh Malaysian BESS
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services. New technologies may create opportunities or challenges for equipment processing.
Blueleaf Energy and Universal Peak have reached financial close on a 100MW/400MWh battery energy storage system in northern Malaysia. United Overseas Bank is the sole lender to the four-hour project, although neither the amount borrowed nor the total investment has been disclosed. The lithium iron phosphate (LFP) facility will be built at Bukit Kayu Hitam…
Key Takeaways
- • Blueleaf and Universal Peak close finance for 400MWh Malaysian BESS.
- • The lithium iron phosphate (LFP) facility will be built at Bukit Kayu Hitam…
