Vantage RE is Tenaga Nasional Berhad’s renewable energy growth platform in the UK and Europe. Since October 2017, we’ve been delivering on our strategic objectives to support the aspiration of Tenaga Nasional Berhad (TNB) to be a global leader in renewable energy.
We're developing renewable energy to help build a brighter future with our partners and investors. We aim to:
Achieve a target energy capacity of c. 2GW by 2025, based on a mixture of operational capacity and ready-to-build projects.
Invest in a balanced portfolio of renewable energy technologies, geographic locations, and diverse revenue streams.
We’re committed to growing and advancing in a sustainable way.
In 2022, the company has recorded a turnover of £97.1m (2021: £33.4m) and operating profit of £26.7m (2021: £2.4m). The total asset for the company has also increased to £1,209m compared to £840m in 2021, as a result of the strong growth strategy implemented by the group.
Vantage RE was founded in October 2017, registered in England with company number 11023558 and a financial year end of 31 December.
In September 2023, our team consisted of 40 people, all aligned with our values. We are proud of our team’s achievements to date and continue to grow.