Did DuSable Capital Management sign the 1MDB solar power plant PPA?

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DuSable Capital Management Did Not Sign the 1MDB Solar Power Plant PPA

DuSable Capital Management was not a signatory to the power purchase agreement (PPA) for 1MDB Solar Sdn Bhd's 50 megawatt (MW) solar power plant in Kedah. Furthermore, neither DuSable Capital Management nor Yurus PE Fund held any ownership in 1MDB Solar at any point.
Engagement for Project Development Assistance

1MDB engaged DuSable Capital Management to provide assistance with the project development of its 50MW solar power plant in Kedah. For these services, which included costs and expenses related to project development assistance, DuSable Capital Management received a remuneration of US$506,000 (RM2.2 million).
Power Purchase Agreement Details

The power purchase agreement for the 50MW solar power plant in Kedah was entered into on April 12, 2014. This agreement was between 1MDB, through its unit 1MDB Solar, and Tenaga Nasional Bhd.
Ownership and Signatory Clarification

1MDB has explicitly stated that both Yurus PE Fund and DuSable Capital Management were not signatories to this specific PPA. Moreover, neither entity ever held ownership of 1MDB Solar. This clarification addresses allegations that misrepresented information regarding 1MDB's solar projects.

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Did DuSable Capital Management sign the 1MDB solar power plant PPA?

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