Creating a Net Zero Future
Building Renewable Energy Projects, Owning Impactful Assets
We go beyond developing renewable energy projects—we create solutions that make a difference. Together, we can power industries, communities, and a better future for generations to come.
Our Vision
To be a global leader in providing sustainable decarbonisation solutions that drive the transition to a Net Zero future.
Our Mission
To combat climate change by delivering clean and reliable renewable energy while empowering communities and driving long-term economic growth.
Our Leadership
Our leadership is driven by a shared mission to combat climate change and provide businesses with the tools they need to achieve their sustainability goals. By fostering collaboration, innovation, and operational excellence, they ensure Rising Promenade remains at the forefront of Malaysia's renewable energy transformation.
Founder and Chief Executive Office
YBhg. Dato' Farisah Binti Mohd Farid
YBhg. Dato’ Farisah Binti Mohd Farid is a seasoned business leader with over two decades of experience in accounting, finance, IT, consulting, business development, mergers and acquisitions, and the energy sector.
She began her career as an accountant at Lembaga Letrik Negara before founding a successful IT consultancy firm, which she sold in the early 2010s. She later transitioned into the renewable energy sector and is now the Founder and Chief Executive Officer of Rising Promenade Sdn. Bhd., leading initiatives in sustainable energy development.
Position / Role
Business Development Director
Faiz Radzwin bin Abd Rashid is the Business Development Director for Alternative Energy at Rising Promenade Sdn. Bhd. He began his career in corporate immigration, working with multinational firms such as Fragomen, PWC, and VP in Singapore and Sydney.
With experience in business growth, strategic partnerships, and policy implementation, he has worked closely with corporate clients and government agencies. His expertise in cross-cultural collaboration and market expansion across APAC and EMEA has enabled him to lead remote teams effectively. Now focused on renewable energy, he is dedicated to driving sustainable solutions and industry innovation.
84 MW Kelantan Small Hydropower Project
Project Highlight
by RAM Rating Services Berhad (“RAM”)
AA3 Rating
Environmental Benefit rating by RAM Sustainability Sdn Bhd (“RAM Sustainability”)
Tier-1
Shariah Principle
Wakalah Bi Al-Istithmar
in nominal value
Up to RM975.0 million
About Us
Who We Are
Rising Promenade Sdn Bhd (“RP”) is a leading Renewable Energy (RE) Project Developer and Asset Owner, driving Malaysia’s energy transformation and advancing global decarbonisation goals. With a strong foundation in hydropower, solar energy, and the development of Net Zero Vision Industrial Parks, we deliver integrated solutions that empower businesses, industries, and communities to transition to a sustainable future.
As a trusted partner to corporate and industrial off-takers, including RE100 companies, we provide clean, reliable energy solutions that help achieve Net Zero and ESG targets. Our end-to-end services cover every stage of the renewable energy lifecycle, from development and financing to operations and maintenance, ensuring long-term value and impact.
Awards and Recognition
Rising Promenade is proud to be recognised as a leader in renewable energy and sustainability. Our awards reflect our dedication to innovation, operational excellence, and meaningful contributions to the energy transition.
The Banker’s Investment Banking Awards 2023
Investment Bank of the Year for Islamic Finance, October 2023
FinanceAsia Achievement Award 2023
Best Infrastructure Deal - Asia Winner Southeast Asia - RP Hydro’s RM975 million ($210 million) Asean green SRI Sukuk Wakalah, February 2024
Alpha SEA
Best Local Currency Sukuk of the Year, March 2024
Alpha SEA
Best ESG Green Financing Deal of the Year, Malaysia, March 2024
FinanceAsia (Regional Deal Awards)
Best Infrastructure Deal (Southeast Asia), March 2024
Euromoney Islamic Finance Awards 2024
Best Islamic Project Financial Deal – Asia; RP Hydro (Kelantan) RM975 million Green SRI Sukuk Wakalah, May 2024
The Asset Triple A Awards
Renewable Energy Deal of The Year – Hydro Malaysia, RP Hydro (Kelantan) Sdn Bhd for 975 Million Ringgit Asean Green SRI Sukuk Wakalah, June 2024
The Asset Triple A Islamic Finance Awards
Best ASEAN Green SRI Sukuk - Renewable Energy / Hydro, October 2024
Our Portfolio
Kelantan Small Hydropower Project
The Kelantan SHP was designed as a run-of-river, low-head small hydropower system implemented in a cascade configuration along Sungai Galas, a tributary of Sungai Kelantan.
Located in the Dabong District in central Kelantan, the project site was strategically positioned approximately 50 km from Jeli Town, 60 km from Gua Musang, and 80 km from Kuala Krai, ensuring accessibility and connectivity.
The project featured the construction of three small hydropower plants—Serasa, Kemubu, and Kuala Geris—along Sungai Galas. These facilities collectively supplied renewable energy to the TNB National Grid, contributing to Malaysia's sustainable energy goals.
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Join Us in Shaping a Greener Future
With a focus on corporate and industrial off-takers, including RE100 companies, we deliver end-to-end renewable energy solutions tailored to the needs of businesses looking to reduce carbon emissions and enhance their energy efficiency.