Business Desk:
Prime Bank Investment PLC. (PBIL), a leading Bangladeshi investment bank and wholly owned subsidiary of Prime Bank PLC., has signed a strategic Memorandum of Understanding (MoU) with the Consortium of Bluenergy Solutions Ltd. and Gtech Infrastructure Ltd., two of Bangladesh’s pioneers in solar engineering and industrial clean energy development.
The agreement, signed on November 26, 2025, establishes a collaboration to advance merchant power plants (MPP), utility-scale solar projects, and next-generation renewable energy infrastructure across the country, according to a media release.
PBIL offers a comprehensive suite of investment banking services across equity and debt capital markets, corporate advisory, and portfolio management—supported robust governance, disciplined risk management, and sector-driven expertise.
The Consortium brings extensive technical proficiency in renewable energy engineering and project development, offering consultancy, feasibility studies, design, EPC solutions, and specialized execution capabilities across solar PV projects.
The partnership emphasizes ESG-aligned investment, climate-focused financial solutions, and the creation of bankable project pipelines that support Bangladesh’s clean energy ambitions.
Both organizations will work together on technical and financial assessments, stakeholder outreach, capacity-building programs, and policy insights aimed at strengthening the renewable energy ecosystem. The signing ceremony was attended by Mr. Syed M Omar Tayub, Managing Director & CEO of PBIL, and Mr. D M Abu Bakar Siddique, Authorized Signatory of the Consortium and Managing Director & CEO of Gtech Infrastructure Ltd., alongside senior representatives from both organizations.
