Stake Purchase • Energy Services and Equipment

TECO Invests In NCL Energy

On March 19, 2025, TECO invested in energy services and equipment company NCL Energy

Investment Context
  • This is TECO’s 1st transaction in the Energy Services and Equipment sector.
  • This is TECO’s 1st transaction in Malaysia.

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Investment Summary

Date March 19, 2025
Target NCL Energy
Sector Energy Services and Equipment
Investor(s) TECO
Deal Type Stake Purchase

Target Company

NCL Energy

Kuala Lumpur, Malaysia
NCL Energy is a professional contractor specialising in Mechanical and Electrical project management and is especially competent in high-rise buildings. Kuala Lumpur was founded in 2007 and is based in Kuala Lumpur, Malaysia.
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Investor Overview 1

Investor

TECO

Taipei City, Taiwan

Category Company
Founded 1956
Sector Electrical Equipment
Revenue 55.2B TWD (2024)
DESCRIPTION

TECO is a manufacturer of home appliances, telecommunications equipment, IT systems, electromechanical components, and commercial electronics. TECO was founded in 1956 and is based in Taipei, Taiwan.


Deal Context for Investor #
Overall 3 of 3
Sector: Energy Services and Equipment 1 of 1
Type: Stake Purchase 1 of 1
Country: Malaysia 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-24 Shenchang Electric

Taipei City, Taiwan

Shenchang Electric provides high-quality and customized electric equipment while upholding the values of environmental sustainability. Shenchang Electric was formed in 1961 and is based in Taipei City, Taiwan.

Buy NT$550M