Kinergy Advancement Berhad (Kinergy)
Established in 1997, Kinergy Advancement Berhad (KAB), Asia-Pacific 2024 Top Provider of Energy Sustainability Solutions, is a Malaysian energy company principally involved in providing Sustainable Energy Solutions (“SES”) as well as engineering solutions. On 7 June 2023, KAB officially unveiled its new name and logo signifying its commitment to expanding its SES business regionally. Its SES …
Profile
Kinergy Advancement Berhad (Kinergy), formerly Kejuruteraan Asastera Berhad, is a Malaysian energy and engineering company established in 1997 and headquartered in Kuala Lumpur. It operates as a builder, owner, and operator of energy infrastructure, focusing on three core pillars: Sustainable Energy Solutions (SES), Engineering, Procurement, Construction and Commissioning (EPCC), and Independent Power Producer (IPP) activities.
The company provides up to ten energy alternatives, including solar, biogas, hydroelectric power, waste heat recovery, and cogeneration. Kinergy is listed on the Bursa Malaysia Main Market (KLSE: 0193). In 2025, it was reclassified into the Renewable Energy sector.
Kinergy is active and growing, reporting record FY2025 revenue of MYR 513.2 million. Its strategy centers on transitioning from a project-based contractor to an energy asset owner. Key developments in 2025–2026 include a strategic partnership with B.Grimm Power to develop a 1.5 GW combined-cycle gas turbine project in Perlis and the execution of a 21-year hydropower-backed virtual power purchase agreement with Safran Landing Systems Malaysia. Major partners include PETRONAS Gas Berhad, Johor Corporation, and Perbadanan Kemajuan Negeri Perak.
Sources#
- Industry
- Energy, Bioprocess equipment
- Topics
- Biogas & biomethane
- Role
- Services / consulting — “…s expanded from traditional EPC activities into a Sustainable Energy Solutions (SES) division. Key business ar…”
- Why it is bioeconomy
- Kinergy Advancement Berhad is a Malaysian energy company that provides sustainable energy solutions (including biogas, solar, and hydroelectric power) and engineering services.
- Found via
- Tsukishima Kikai; GPS Renewables
Bio-solutions it supplies 0
Not yet cited as a supplier in a graded solution.
What they offer
Subsidiaries: KAB Energy Holdings Sdn. Bhd. (KABEH) · Sipitang Utilities Sdn. Bhd. · Jati Cakerawala Sdn. Bhd.
News & status 6
- 2025-12 Latest status: The company's stock short name was changed to KINERGY on 30 December 2025, and it was reclassified into the Renewable Energy sector on 13 January 2025. ↗ ↗ ↗
- 2026-10-02 Mah Sing and Kinergy collaborate to explore DC power solutions | The StarKinergy Advancement Bhd (Kinergy) is positioned as a technical advisor in the collaboration with Mah Sing, offering expertise in power generation, electrical engineering, and renewable energy solutions to evaluate captive power plant and Corporate Renewable …
- 2026-10-02 Mah Sing, Kinergy eye power solutions for data centres | New Straits TimesKinergy Advancement Berhad (Kinergy) is partnering with Mah Sing to pursue power-related solutions for data centres, signaling a focus on leveraging Kinergy’s technology within the data-centre sector.
- 2026-09-25 Kinergy Advancement proposes private placement to raise up to RM79.75mil | The StarKinergy Advancement Bhd is raising up to RM79.75 million via a private placement of up to 218.49 million new shares (about 10% of issued shares) to fund a 1,500 MW Perlis IPP power plant and to repay debt, with completion targeted by Q1 2027. The company says …
- 2026-10-01 Kinergy Advancement appointed sub-contractor for electrical works worth RM31 milKinergy Advancement Bhd (KAB) has secured a RM31.04 million sub-contract to provide electrical, telephone, and extra low voltage works for Mah Sing’s M Nova residential project in Kepong, reinforcing its growing order book and long-standing partnership with …
- 2026-09-11 Kinergy Advancement secures RM33.3m contract from Petronas Gas unitKinergy Advancement Berhad (Kinergy) has secured a RM33.3 million EPCC contract from Petronas Gas unit Pengerang LNG (TWO) Sdn Bhd to expand utilities and infrastructure for a floating storage unit at the Regasification Terminal Pengerang, with completion …
- 2026-09-30 Kinergy Advancement teams up with Permodalan Kedah for sustainable energy projectsKinergy Advancement Bhd (KAB) signed an MOU with Permodalan Kedah Bhd to develop sustainable energy projects, with KAB handling technical work and PKB identifying land and obtaining permits, focusing on solar, waste-to-energy, and energy-efficient solutions, …
Network: owners, partners, peers
Ownership & investors 3
| subsidiary | KAB Energy Holdings Sdn. Bhd |
| subsidiary | Sipitang Utilities Sdn. Bhd |
| subsidiary | Jati Cakerawala Sdn. Bhd |
Partners & deals 3
| counterparty | Mah Sing Group Bhd (collaboration partner) …The company's stock short name was changed to KINERGY on 30 December 2025, and it was reclassified into the Renewable Energy sector on 13 January 2025.… |
| off-taker / supply agreement | Perlis …turbine project in Perlis and the execution of a 21-year hydropower-backed virtual power purchase agreement with Safran Landing Systems Malaysia. Major partners include PETRONAS Gas Berhad, Johor C… |
| collaboration | Key developments …roject-based contractor to an energy asset owner. Key developments in 2025–2026 include a strategic partnership with B.Grimm Power to develop a 1.5 GW combined-cycle gas turbine project in Perlis and …… |
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