Business

The Malaysia government has made a commitment for a 45% reduction in energy emissions by 2030. This commitment is supported by the extension of Green Income Tax Exemption (GITE) and Green Investment Tax Allowance (GITA) to 2023^.

^Please refer to https://www.mgtc.gov.my/our-services/green-investment-tax-incentives-gita-gite/ for more details and the latest updates.

UOB is the first bank in Asia to provide an integrated platform that simplifies the adoption of energy efficiency projects for building owners. With this platform, businesses can easily connect with U-Energy partners (energy service companies (ESCOs)), and finance their energy efficiency projects through the programme’s different financing options.

U-Energy and its partners support air-conditioning, chiller, elevator, energy and power management system, façade, lighting control and solar projects across commercial, industrial and public buildings.

BBP

 

Supported building types:

  • Data Centre
  • Hotel
  • Industrial
  • Mixed Development
  • Office
  • Public Building
  • Retail

 

Note: For solar-only projects, please visit UOB’s U-Solar for business site to get in touch with our solar partners.

 

50GWh Energy-Saving Race

Our U-Energy 50GWh Energy-Saving Race aims to encourage building owners like yourself, to embark on your energy efficiency journey with this exclusive U-Energy promotion.

From now till 31 December 2024, energy efficiency projects that have been finalised with financing undertaken as part of the U-Energy programme will qualify for this. With RM500,000 worth of rebates in total* up for grabs, sign up early to enjoy more rebates.

If you are a commercial or industrial building owner with assets located in Malaysia, simply connect with our U-Energy partners before 31 December 2024 to take part.
*Terms and conditions apply.

Click here to connect with U-Energy partners

Our U-Energy 50GWh Energy-Saving Race aims to encourage building owners like yourself, to embark on your energy efficiency journey with this exclusive U-Energy promotion.

From now till 31 December 2024, energy efficiency projects that have been finalised with financing undertaken as part of the U-Energy programme will qualify for this. With RM500,000 worth of rebates in total* up for grabs, sign up early to enjoy more rebates.

If you are a commercial or industrial building owner with assets located in Malaysia, simply connect with our U-Energy partners before 31 December 2024 to take part.
*Terms and conditions apply.



Click here to connect with U-Energy partners

 

What can I do with the rebates?

 

Convert them into renewable energy certificates of an equivalent value

Convert them into renewable energy certificates of an equivalent value

Offset the interest payment of your green loan under U-Energy

Offset the interest payment of your green loan under U-Energy

Donate them to an ESG charity project in your name

Donate them to an ESG charity project in your name

 

Benefits

Save an average of 20%* on your electricity bill

Save an average of 20%* on your electricity bill

Enjoy an average of 20%* cost savings with a more energy efficient building.

Low or zero upfront payment

Low or zero upfront payment

With different types of financing options available, your building can be energy efficient at low or zero upfront cost.

Seamless one-stop platform

Seamless one-stop platform

U-Energy partners will handle the assessment, installation and maintenance** so you can enjoy a hassle-free experience.

Trusted partners using quality equipment

Trusted partners using quality equipment

U-Energy partners will provide quality equipment for your energy efficiency needs.

Raise the capital value of your building

Raise the capital value of your building

Expected savings reduce operating expense and the (potential) conversion into green buildings leads to enhancement of asset valuation.

Start your sustainability journey

Start your sustainability journey

Seize new opportunities that come with being recognised as a sustainable business.

 

*Indicative and dependent on scope of work and verification with U-Energy partner.
** For businesses that adopt the energy-as-a-service contracting model.

U-Energy Building Performance Calculator

^For building types that are not included in the dropdown above, please contact UOB U-Energy partners for a detailed evaluation.

Gross area range refers to the gross floor area of your building.


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Results

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Well done! You appear to be in the top 90 percentile of energy efficient buildings, but there is always room for improvement! U-Energy can help you make the changes needed to enjoy greater savings and create a more positive environmental impact.

Connect with U-Energy partners to find out how.

Enjoy savings and create a greater positive environmental impact with U-Energy. By adopting energy efficiency projects that bring your building to the top 10% in energy performance, you can save up to:

RM 32,334

Energy bill savings per year

34%

Saving from original energy bill

53 ton

CO2 avoided per year

12

Passenger vehicles driven for 1 year

887

Tree seedlings grown for 10 years

Connect with U-Energy partners to find out how.

Results are calculated based on the assumption that these enhancements would bring your building to the top 10% of the energy usage intensity range as detailed in Singapore’s Building Construction Authority (BCA) Building Energy Benchmarking Report (Statistics and Figures) 2020, taking into account Malaysia’s electricity tariffs and other relevant adjustments. All results shown are estimates and for illustration purposes only. Actual figures may vary, depending on prevailing site conditions, energy usage behaviour, asset type and/or the replacement costs of the energy efficiency project undertaken.

 

U-Energy Contracting Models

There are two contracting models available under the U-Energy programme.

Direct Purchase
  • Own the energy efficient equipment or system
  • Enjoy maximum financial benefits through realised tax benefits and greater savings on electricity utility cost
  • See potential increase in market value of your building
  • Finance your equipment or system through internal cash flow or through a UOB green loan
Energy-as-a-Service
  • No upfront capital or financing required
  • Enjoy savings on electricity utility cost under a guaranteed or shared savings scheme as part of your long-term energy performance contract with U-Energy’s ESCO partner
  • Equipment or system operations, maintenance and / or replacements over the lifetime of the equipment or system will be borne by U-Energy's ESCO partner
  • Option to buy out the equipment or system during or after the contractual period

U-Energy Partners

UOB has partnered with these ESCOs to support your energy efficiency projects across these building types:

 

Data Centre

Data Centre

Hotel

Hotel

Industrial

Industrial

Mixed Development

Mixed Development

Office

Office

Public Buildings

Public Buildings

Retail

Retail

 

Click here to connect with U-Energy partners

BBP

 

Data Centre Hotel IndustrialOffice Mixed Development Retail

 

Award-winning energy efficiency company that enables businesses to achieve their carbon neutrality and sustainability goals. Founded in 2012, BBP has since enabled multiple blue-chip and Fortune 500 companies achieve up to 40% of energy and cost savings using patented HVAC optimization technologies, IOT, proprietary software algorithms, AI and machine learning.

 

Project 1
Building Type Retail
Gross area 22,067 m2
Project type Chiller, Energy and Power Management
Savings* 22.5% of heating, ventilation and air-conditioning energy consumption
Project 2
Building Type Industrial
Gross area -
Project type Chiller
Savings* 19.8% of heating, ventilation and air-conditioning energy consumption
Project 3
Building Type Mixed Development
Gross area 483,096 m2
Project type District Cooling Plant (chiller, energy and power management)
Savings* 10% of heating, ventilation and air conditioning energy consumption (District Cooling Plant)
Comfort

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

Comfort - one of the leading companies in Energy Conservation & Management, Energy Consultancy Services and Efficiencies Upkeeping for Air-conditioning and Mechanical Ventilation (ACMV) systems. Their innovative engineering solutions coupled with experiences in Energy Performance Contracting has assisted various types of buildings to reap energy savings, with or without capital outlay, while maintaining the same comfort, convenience and productivity. Comfort's partnership with clients has enabled them to achieve their goals towards lower energy usage and greatly reducing their carbon emissions. Presence in Singapore, Malaysia, Thailand and China.

 

Project 1
Building Type Retail
Gross area 162,580 m2
Project type Air-conditioning, Chiller, Energy and Power Management, LED Lighting
Savings* 40% of building’s electricity bill
Project 2
Building Type Mixed Development
Gross area 43,664 m2
Project type Air-conditioning, Chiller, Energy and Power Management, LED Lighting
Savings* 49% of building’s electricity bill
Project 3
Building Type Hotel
Gross area 14,864 m2
Project type Air-conditioning, Chiller, Energy and Power Management, LED Lighting
Savings* 49% of building's electricity bill
engie

 

Data Centre Hotel IndustrialMixed Development Public Buildings Retail

 

ENGIE South East Asia is a fast-growing team of over 2,000 employees with a geographical focus in Singapore, Malaysia, and the Philippines to provide tailor-made integrated energy solutions for their customers in commercial buildings, industries, and cities.

They select the best and most relevant technologies available on the market to create innovative, smart and bespoke energy efficiency solutions that enhance the performance of businesses and communities, and make the world a better place.

ENGIE offers energy efficiency as-a-Service solutions with unique benefits to its clients: (1) no upfront cost, (2) guaranteed cost savings through the whole contract duration, (3) focus on your core business, (4) maximise value for your business from our sustainability measures.

 

Project 1
Building Type Retail
Gross area 13,800 m2
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 18% system's energy consumption
Project 2
Building Type Industrial
Gross area 150,000 m2
Project type Energy and Power Management, Solar
Savings* 25% system's energy consumption
Project 3
Building Type Industrial
Gross area 18,000 m2
Project type Solar
Savings* 38% system efficiency improvement
G-Energy

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

G-Energy is proud to be recognised as an International Award-winning Energy Service Company (ESCO) with one of the largest professional team of Energy Specialists and Qualified Green Mark Consultants in the Asia Pacific Region. Their energy consultancy experts are committed to delivering excellent customer service — they strive to understand their clients’ industries, and propose sustainable solutions most suited to the project’s needs.

 

Project 1
Building Type Retail
Gross area 71,493 m2
Project type Air-conditioning, Chiller
Savings* 37% of building’s electricity bill
Project 2
Building Type Mixed Development
Gross area 371,612 m2
Project type Air-conditioning, Chiller
Savings* 30% of building’s electricity bill
Project 3
Building Type Hotel
Gross area -
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 34% of building’s electricity bill
IAQ

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

IAQ Solutions Sdn Bhd is a G7, leading Malaysia company that delivers engineering, procurement, construction, commissioning, maintenance, and project management services to clients in diverse industries both locally and oversea. Experience and competency in performing LEED (Leadership in Energy and Environmental Design) and GBI (Green Building Index) accredited projects and solutions solving for some of the most challenging engineering projects.

 

Project 1
Building Type Industrial
Gross area 15,300 m2
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 25% of system's energy consumption
Project 2
Building Type Industrial
Gross area 4,462 m2
Project type Air-conditioning, Chiller
Savings* 20% of system's energy consumption
Project 3
Building Type Industrial
Gross area 15,300 m2
Project type Air-conditioning, Chiller
Savings* 23% of system's energy consumption
Invest Energy

 

Data Centre Hotel IndustrialMixed Development Retail

 

Invest Energy is an award-winning Energy-as-a-Service company implementing renewable & energy efficiency solutions.

Their solutions have enabled their clients to achieve their sustainability goals while enjoying a significant reduction in energy costs. Invest Energy's projects have won multiple accolades including the 2020 Waste to Energy Company Malaysia by Frost & Sullivan.

 

Project 1
Building Type Industrial
Gross area N/A
Project type Energy and Power Management
Savings* 35% on facility utility bills
Project 2
Building Type Industrial
Gross area N/A
Project type Energy and Power Management
Savings* 20% on facility utility bills
Project 3
Building Type Industrial
Gross area N/A
Project type Chiller, Energy and Power Managment
Savings* 15% on facility utility bills
M&V

 

Data Centre Hotel Industrial Office Mixed Development Retail

 

Measurement & Verification (M&V) Sdn Bhd is the subsidiary of Singapore company, M&V Pte Ltd. They are accredited by National Environment Agency of Singapore as an Energy Services Company (ESCO). Their company mission is "To optimise energy usage and contribute to an environmentally sustainable future". They have proven track record of providing energy efficiency performance guarantees for more than 25 projects with a total installed cooling capacity of more than 100,000 Refrigeration Tons.

 

Project 1
Building Type Public Building
Gross area 26,876 m2
Project type Air-conditioning, Chiller and Energy Management System
Savings* 32% of building’s electricity bill
Project 2
Building Type Mixed Development
Gross area 308,000 m2
Project type Air-conditioning, Chiller and Energy Management System
Savings* 20.1% of building’s electricity bill
Project 3
Building Type Retail
Gross area 30,000 m2
Project type Air-conditioning, Chiller
Savings* 30% of building’s electricity bill
Plus Xnergy

 

Data Centre Hotel Industrial Office Mixed DevelopmentRetail

 

Plus Xnergy Holding is a group of companies that devotes itself through providing solutions in line with the Energy Trilogy, which consists of Energy Generation, Energy Efficiency and Energy Storage.

Committed to reinventing energy, the group has both Plus Xnergy Services (formerly known as "Plus Solar Systems"), and Plus Xnergy Edge Technologies as subsidiaries, one arm to provide turnkey solar solutions and to go beyond solar, and the other arm to provide AIoT energy solutions.

Collectively, the group has achieved a track record of over 686GWh in generated energy savings from clean energy and AIoT that spans across 40+ industries.

 

Project 1
Building Type Industrial
Gross area 5,000 m2
Project type Energy and Power Management, Solar
Savings* RM 5000 per month
Project 2
Building Type Industrial
Gross area 8,000 m2
Project type Energy and Power Management
Savings* 3% of electricity bill and 8% of production yield increment
Schneider Electric

 

Data Centre Hotel Industrial Office Mixed Development Retail

 

Schneider Electric's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. Their mission is to be your digital partner for Sustainability and Efficiency. They drive digital transformation to enable integrated company management, for homes, buildings, data centres, infrastructure and industries.

Enable smart buildings with EcoStruxure Building
Modernise and future-proof building management infrastructure with EcoStruxure Building - a collaborative Internet of Things (IoT) solution which features a scalable, secure and global architecture for smarter buildings. It securely connects hardware, software and services to optimise building efficiency, comfort, productivity and building value.

 

Project 1
Building Type Office
Gross area 17,652 m2
Project type Air-conditioning, Chiller, Elevator, Energy and Power Management, Facade, LED Lighting, Solar
Savings* 40% of building’s electricity bill
Project 2
Building Type Office
Gross area 929 m2
Project type Air-conditioning, Chiller, Energy and Power Management, LED Lighting
Savings* 20% of building’s electricity bill
Project 3
Building Type Hotel
Gross area 2,787 m2
Project type Air-conditioning, Chiller, Energy and Power Management, LED Lighting
Savings* 14.5% of building’s electricity bill
SONEPAR

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

Sonepar is an independent family-owned company with global market leadership in B-to-B distribution of electrical products, solutions and related services. Through a dense network of 100 brands spanning 40 countries, the Group has an ambitious transformation agenda to become the first global B-to-B electrical distributor to provide a fully digitalized and synchronized omnichannel experience to all customers. Drawing on the skill and passion of its 45,000 associates, Sonepar had sales of €23 billion in 2020. Sonepar makes its customers’ lives easier, over the counter, visiting customers, by phone or online, – however we’re needed. Sonepar’s ambition is to become "La Référence" - the standard-setter for all its stakeholders.

 

Project 1
Building Type Industrial
Gross area 4,604 m2
Project type Energy and Power Management, Solar
Savings* 45% of building's electricity bill
Project 2
Building Type Industrial
Gross area 3,300 m2
Project type Energy and Power Management, Solar
Savings* 30% of building's electricity bill
Project 3
Building Type Industrial
Gross area 462 m2
Project type Energy and Power Management, Solar
Savings* 20% of building's electricity bill

 

*Savings indicated are estimates and for illustration purposes only. Actual savings may vary, depending on prevailing site conditions, energy usage behavior and asset type. For more details on these projects, please consult with the respective U-Energy partner.

Disclaimer
While UOB reserves its rights to select the programme partners at its sole discretion, U-Energy partners are solely responsible for the provision and qualify of their products and services. UOB makes no representation or warranty whatsoever with respect to the programme partner’s provision and/or quality of the products or services for any purpose or use.

Click here to connect with U-Energy partners


If you are interested in becoming a U-Energy partner, contact us here.

Frequently Asked Questions

U-Energy is Asia’s first integrated ecosystem financing platform for energy efficiency. It makes it simple and seamless for businesses across the region to adopt energy efficiency and reap the financial and environmental benefits.

With U-Energy, the upfront investment required for energy efficiency projects is reduced with UOB’s energy-as-a-service and direct purchase contracting models.

There are no additional fees or charges associated with the U-Energy programme as it is a platform that connects you with the industry players.

You are recommended to choose from our list of partners. For financing under the U-Energy programme, engagement of other service providers other than our partner, will be subject to UOB’s assessment in its sole discretion.

Start reducing your building's energy consumption. Click on the button to get in touch with our U-Energy partners.

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