Founder Group Secures $1.5 Million Solar EPCC Subcontract for 29.99MW Malaysia Project

Founder Group Limited (NASDAQ: FGL) said its subsidiary Founder Energy Sdn Bhd signed a turn-key EPCC contract for a 1.78 MW-peak rooftop solar system for a shrimp farming and processing facility in Ayer Hitam, Kedah. The contract is valued at about RM5.58 million (US$1.37 million). The company also cited Malaysia RE policy targets and plans for 25-year operations.

Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ:FGL), signed a turn-key EPCC contract to install a 1.4MW-peak rooftop solar system for a Terengganu integrated shrimp farm. The contract is valued at about RM4.7 million (US$1.15 million) and includes grid interconnection with Tenaga Nasional Berhad. The company also cites Malaysia RE policy targets and tariff changes.

SLB NV (NYSE:SLB) has signed oil-related agreements with Venezuela to boost crude production, including reactivating up to 15 oil rigs. The deals follow a prior agreement with PDVSA to modernize Venezuela's oil and gas sector. Venezuela aims to increase production from 1.25 million to 3 million barrels per day, presenting a significant opportunity for SLB. However, political uncertainty and infrastructure challenges pose risks. SLB's local presence gives it a competitive edge over rivals like Ha

A securities fraud class action lawsuit has been filed against Primoris Services Corporation (PRIM) by investors who bought shares between August 5, 2025, and June 22, 2026. The lawsuit alleges misstatements about the company's costs and risks of renewable energy projects. The lead plaintiff deadline is September 21, 2026. PRIM's stock fell significantly after disclosing increased costs and reduced financial guidance.

Nvidia's equity portfolio, valued at over $63 billion, includes significant stakes in Intel, SpaceX, and CoreWeave. Intel, its largest holding, represents 47% of the portfolio, highlighting Nvidia's focus on domestic semiconductor manufacturing. SpaceX, the second-largest holding, was acquired indirectly through Nvidia's investment in xAI. CoreWeave, an AI-focused cloud provider, aligns with Nvidia's strategy in the AI infrastructure sector.

Life Time Group (LTH) reported that affiliated entities of Leonard Green & Partners sold 2,879,154 shares of common stock on August 26, 2026, at $43.80 per share. The sales were not part of a Rule 10b5-1 trading plan. The reporting persons disclaimed beneficial ownership of shares not reflecting their pecuniary interest.