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Leader Energy, an Independent Power Producer (IPP) wholly owned by HNG Capital is currently pioneering in Asia’s power sector. It has a substantial and impressive investment portfolio in solar, hydro, wind, high-voltage transmission systems and thermal power plants across Southeast Asia and Taiwan. The company currently has more than 700MW of operating power plants in the region and is charting the growth to acquire beyond 1000MW in the near future. Today, the Power Division is 100% committed to developing renewable energy projects to meet the global movement towards zero emission by 2050.
With that, the Group proves to continue building on the legacy and the strength of the Power Division that was incepted more than 20 years ago when its subsidiary, Cambodia Utilities Pte Ltd (“CUPL”) signed the first IPP concession in Cambodia with its state-owned electricity provider, Electricite du Cambodge (“EdC”) to design, build and operate a diesel power generating plant of 37.1MW gross capacity under an 18-year power purchase concession. Back then, CUPL was also required to design, supply and upgrade its power transmission capabilities to enable power distribution throughout Phnom Penh city.
Now, as the company is fully dedicated to combating climate change with a sustainable business approach and unparalleled clean energy solutions for businesses, Leader Energy will continue to expand and grow steadily and rapidly in a clean, dynamic and resilient energy economy dominated by renewables
Our Hospitality Division delivers unique offerings, from design-centric hotel experiences to fine dining gastronomic journeys.
Memorable Hotel & Dining Experiences
This includes Macalister Mansion, a meticulously restored century-year-old colonial heritage mansion located in historic George Town, Penang and the upcoming new five-star luxury hotel The Millen @ Millionaire’s Row, Penang (formally known as The Northam All Suite Hotel Penang) which is currently closed for revitalisation to bring about a fresh new appeal in Q4 of 2022.
Among the restaurants on the F&B list are the one-Michelin-starred Whitegrass Restaurant in the heritage-listed CHIJMES of Singapore, along with Restaurant Blanc in Macalister Mansion where patrons can enjoy exquisitely tantalising dishes and a delightful fine dining experience.
Our hotels and F&B outlets are as follows:
Wide-Ranging Property Investment Portfolio
Formerly under LEADER Group, HNG Capital’s Property Division has developed various property projects in Penang over the past many years and invested in properties as long-term investments.
The portfolio features residential, commercial and mixed developments such as terrace houses, bungalows, luxury condominiums, shop lots and retail units.
Delivering top-notch quality is in our DNA. As such, we have gained and maintained a trustworthy reputation.