KJTS and Stonepeak formed a joint venture to pursue District Cooling Projects for RM1.5bn.

KJTS, a provider of energy-efficient cooling solutions and Stonepeak, an alternative investment firm specializing in infrastructure and real assets formed a joint venture to pursue District Cooling Projects for RM1.5bn. “We are thrilled to partner with Stonepeak to pursue additional district cooling and electricity distribution projects in Malaysia,” Azura Binti Azman, KJTS Independent Non-Executive Chairman.