Jentayu Sustainables
Jentayu Sustainables Berhad is a Bursa Malaysia-listed holding company that develops and operates run-of-river hydropower plants in Sabah and solar PV assets in Malaysia, supplying electricity to Sabah Electricity and commercial offtakers under long-term PPAs while divesting legacy healthcare and trading businesses.
- Company typePublic
- Founded1975
- HeadquartersKuala Lumpur, Malaysia
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Jentayu Sustainables does
Jentayu Sustainables Berhad (Bursa Malaysia: 5673) is a Kuala Lumpur-headquartered, publicly listed Malaysian holding company that operates a renewable energy business focused on run-of-river hydropower in Sabah and solar PV generation, alongside a residual healthcare operation and a legacy building materials trading business. Originally incorporated as IPMUDA Berhad in 1975 as a Shariah-compliant building material trading house, the company rebranded to Jentayu Sustainables Berhad in December 2021 and pivoted its strategy toward clean energy following the acquisition of renewable energy and healthcare assets valued at approximately RM 192 million in 2021. The company employs 51-100 people and reports a corporate presence in Kuala Lumpur, Kota Kinabalu, Setapak, and Ipoh.
JSB's core asset portfolio comprises three operational renewable energy plants: the Telekosang Hydro One and Telekosang Hydro Two run-of-river hydropower plants in Tenom, Sabah, with a combined 40 MW capacity and described as Malaysia's largest privately owned run-of-river hydropower facilities; a 5.99 MW bi-facial solar PV plant with a sun-tracking system in Pokok Sena, Kedah, billed as Malaysia's largest of its kind; and Project Oriole, a 162 MW (originally 170 MW) run-of-river hydropower plant under development in Hulu Sungai Padas, Sipitang Forest Reserve, Sabah, with an estimated RM 2.8 billion capex. Technology partners include Voith Hydro (Germany) for turbine and generator technology under a collaboration announced in November 2022; a separate MoU with Sumitomo Corporation (July 2023, terminated July 2025) had previously covered project development collaboration.
Revenue is generated primarily through long-dated Power Purchase Agreements, notably a 40-year PPA signed in April 2025 with Sabah Electricity as the sole off-taker for Project Oriole, and a 20-year solar PPA with Outspan Malaysia. A 20-year solar PPA with Outspan Malaysia secures offtake for the Kedah solar plant, and the Telekosang plants operate under a Feed-in Tariff Commencement Date framework. Ancillary revenue comes from the Ohana Specialist Hospital (Ultimate Forte Sdn. Bhd.), which the company has announced for disposal in 2026, and the historical IPMUDA BuilderMart building materials trading and IPMUDA Properties operations. The company's go-to-market is enterprise field sales targeting government and utility off-takers in Sabah and federal ministries, supported by strategic co-development partnerships with international technology firms.
Jentayu Sustainables firmographics
Firmographics- Name
- Jentayu Sustainables
- Legal name
- Jentayu Sustainables Berhad
- Website
- https://jentayu-sustainables.com
- Company type
- Public
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Jentayu Sustainables Berhad is a Bursa Malaysia-listed holding company that develops and operates run-of-river hydropower plants in Sabah and solar PV assets in Malaysia, supplying electricity to Sabah Electricity and commercial offtakers under long-term PPAs while divesting legacy healthcare and trading businesses.
- Ownership category
- akta.pro rank
Jentayu Sustainables industry classification
Industry- Product category
- Renewable Energy Generation
- NAICS
- Hydroelectric Power Generation (221111), Solar Electric Power Generation (221114)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Commercial Structuring & Offtake (PPAs, CfDs, Corporate PPAs, Merchant Strategy) (EUAMAAAE)
- akta.pro secondary industries
- Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ), PPA Origination, Structuring & Offtake Contracting (Physical/Financial, Sleeves) (EUAMAMAD), PPA Origination, Advisory & Contract Management (Negotiation, Credit, Settlements) (EUAGADAL)
Keywords
Where Jentayu Sustainables is headquartered
LocationHeadquarters
- HQ city
- Kuala Lumpur
- HQ country
- Malaysia
- HQ region
- Asia
Offices4 records
Markets served
Jentayu Sustainables business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Renewable Energy Generation: Revenue generated from power purchase agreements (PPAs) with utilities for electricity generated from hydropower and solar plants. Telekosang Hydro (40MW combined) and Jentayu Solar (5.99MW) assets, along with Project Oriole (162MW) under development.
- Healthcare Services: Revenue from Ohana Specialist Hospital operations providing medical services. The hospital's license was reinstated by Ministry of Health in June 2023.
- Trading Operations: Building material trading operations through Ipmuda BuilderMart and property development/management through Ipmuda Properties.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Jentayu Sustainables product offering
Product offeringCore offering
Jentayu Sustainables Berhad develops, owns, and operates renewable energy generation assets in Malaysia, primarily run-of-river hydropower plants in Sabah and solar power facilities in Kedah. The company sells electricity to utilities and large corporates through long-term Power Purchase Agreements (PPAs), including a 40-year PPA with Sabah Electricity for the 162 MW Project Oriole. Legacy operations include a specialist hospital (under disposal) and a Shariah-compliant building materials trading business.
Product overview
Jentayu Sustainables Berhad operates a diversified portfolio across three main business segments: Renewable Energy, Healthcare, and Trading. The company's primary focus is renewable energy development, specifically run-of-river hydropower plants in Sabah and solar energy projects throughout Malaysia. Key products include Project Oriole (162 MW hydropower), Telekosang Hydro One and Two (combined 40 MW), Jentayu Solar (5.99 MW solar), and community-focused solar lighting and reforestation programs. The company also maintains healthcare operations through Ohana Specialist Hospital and building materials trading through IPMUDA BuilderMart, though the healthcare division has been announced for disposal.
Differentiator
Problem solved
Functional benefit
Products and services
- Project Oriole A 162 MW run-of-river hydropower plant located in Hulu Sungai Padas, Sipitang Forest Reserve, Sabah. RM 2.8 billion project developed in line with the Sabah Energy Road Map and Master Plan (RAMP) 2040, with a 40-year Power Purchase Agreement signed with Sabah Electricity in April 2025.
- Telekosang Hydro One A 20 MW run-of-river hydropower plant located in Tenom, Sabah. One of the largest privately-owned run-of-river hydropower facilities in Malaysia, with turbine and generator technology supplied by Germany's Voith Hydro.
- Telekosang Hydro Two A 20 MW run-of-river hydropower plant located in Tenom, Sabah. Combined with Telekosang Hydro One for joint capacity of 40 MW.
- Jentayu Solar A 5.99 MW solar power plant located in Pokok Sena, Kedah. Operates as Malaysia's largest bi-facial solar power plant with tracking system that follows sun movement to maximize energy capture on both sides of solar panels.
- Ohana Specialist Hospital A specialist healthcare facility operated by Ultimate Forte Sdn. Bhd., located in Setapak, Kuala Lumpur. The hospital provides medical services to patients in the local area. The company announced disposal of this business in 2026.
- IPMUDA BuilderMart
Quantifiable outcome
- 162 MW clean energy capacity from Project Oriole
- +3 more outcomes
Companies that use Jentayu Sustainables
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles4 records
Jentayu Sustainables technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Jentayu Sustainables partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Sabah Electricitycore40-year Power Purchase Agreement signed with Sabah Electricity for 162MW Project Oriole. Also includes EPCC document exchange ceremony for the project. Sabah Electricity is the sole off-taker for the hydropower plant output.
- Oriole Hydro Padas Sdn. Bhd.coreProject Oriole developer entity. Invites qualified consultancy firms for Operation & Maintenance (O&M) services for the 162 MW Run-of-River Hydropower Plant. Registered with Board of Engineers Malaysia (BEM).
- Sumitomo CorporationcoreMemorandum of Understanding signed in July 2023 for renewable energy project collaboration. Project Development Collaboration Agreement signed in October 2024. MOU was terminated in July 2025 per company announcement.
- Yayasan Kebajikan SabahminorCSR partnership providing flood aid to Sabah flood victims. Combined contribution of RM550,000 for disaster relief efforts in January 2022.
- Voith HydrocoreCollaboration with Germany's Voith Hydro, a global hydropower technology company, for hydroelectric power plant projects. Voith Hydro provides turbine and generator technology for run-of-river hydropower developments including Telekosang Hydro plants.
- Outspan Malaysia Sdn Bhdcore20-year Solar Power Purchase Agreement for Jentayu Sustainables to supply solar-generated electricity to Outspan Malaysia's operations, representing a key commercial customer for solar energy output.
- PetrolifeminorStrategic alliance for the development of sustainable energy solutions. Collaboration with gas supplier to develop solar PV projects.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Jentayu Sustainables competitors and assessment
Company assessmentRegional players
- Sarawak Energy Berhad: State-owned energy company in East Malaysia operating large-scale hydropower assets (e.g., Bakun, Murum) and serving as the regional analog to Jentayu's Sabah Electricity off-take relationship. Most directly comparable given shared East Malaysia, hydropower-led utility profile.
- Sabah Electricity Sdn Bhd: State utility responsible for electricity distribution in Sabah and Jentayu's sole off-taker for both Telekosang Hydro and Project Oriole. Highly relevant as the demand-side counterparty defining the project's economics.
Broad incumbents
- YTL Power International Berhad: Bursa Malaysia-listed power company with generation assets across Malaysia and internationally (including renewable and conventional). Comparable as a diversified Malaysian-listed power/IPP player with renewable exposure.
- Malakoff Corporation Berhad: Malaysia's largest independent power producer, predominantly thermal generation with growing renewable exposure. Comparable as a Bursa Malaysia-listed IPP with long-term PPAs and large-scale generation infrastructure.
- Tenaga Nasional Berhad: Malaysia's largest electric utility with vertically integrated generation, transmission, and distribution. Sabah Electricity is in its group orbit; relevant as the dominant incumbent in Malaysian power and the counterparty in many regional PPAs.
- Edra Power Holdings Sdn Bhd: Malaysian independent power producer with a portfolio of thermal and renewable generation assets. Comparable as a Malaysia-based IPP business with long-term PPAs and large-scale generation assets, though broader and more diversified than Jentayu.
Others
- Voith Hydro: Global hydropower technology provider and Jentayu's strategic partner for turbines and generators on both Telekosang and Project Oriole. Comparable as a key ecosystem participant and enabling technology vendor rather than a competing IPP.
Direct peers
- Cypark Resources Berhad: Malaysian renewable energy developer and IPP with solar and waste-to-energy projects. Closest Bursa Malaysia-listed pure-play renewable peer to Jentayu in terms of project development, PPA-based revenue model, and Malaysian regulatory exposure.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Jentayu Sustainables social profiles
Digital presenceJentayu Sustainables compliance and trust
Trust signalCompliance4 records
Jentayu Sustainables financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jentayu Sustainables leadership team
Management profileNumber of profiles
Profiles5 records
Jentayu Sustainables subsidiaries and ownership
Company hierarchySubsidiaries8 records
Jentayu Sustainables funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jentayu Sustainables M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Jentayu Sustainables
What does Jentayu Sustainables do?
Jentayu Sustainables Berhad develops, owns, and operates renewable energy generation assets in Malaysia, primarily run-of-river hydropower plants in Sabah and solar power facilities in Kedah. The company sells electricity to utilities and large corporates through long-term Power Purchase Agreements (PPAs), including a 40-year PPA with Sabah Electricity for the 162 MW Project Oriole. Legacy operations include a specialist hospital (under disposal) and a Shariah-compliant building materials trading business.
Is Jentayu Sustainables a public or private company?
Jentayu Sustainables is a public company. It is classified as public and is currently operating.
When was Jentayu Sustainables founded?
Jentayu Sustainables was founded in 1975. It employs 51 to 100 people.
Where is Jentayu Sustainables based?
Jentayu Sustainables is headquartered in Kuala Lumpur, Malaysia, in the Asia region.
How does Jentayu Sustainables make money?
Three revenue lines are on record. Renewable Energy Generation is the primary driver. The others are healthcare Services and trading Operations.
Who are Jentayu Sustainables's main competitors?
Regional players on record are Sarawak Energy Berhad and Sabah Electricity Sdn Bhd. Broad incumbents are YTL Power International Berhad, Malakoff Corporation Berhad, Tenaga Nasional Berhad and Edra Power Holdings Sdn Bhd. Voith Hydro is listed as an others. Cypark Resources Berhad is listed as a direct peer.
Does Jentayu Sustainables have an API?
No public API is recorded for Jentayu Sustainables.
What industry is Jentayu Sustainables in?
Jentayu Sustainables's product category is Renewable Energy Generation. Its primary akta.pro industry code is EUAMAAAE, Commercial Structuring & Offtake (PPAs, CfDs, Corporate PPAs, Merchant Strategy), with a secondary code of EUAMAAAD, Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds). Its NAICS code is 221111 and its SIC code is 4991.