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Energy Finance & Investment News in Indonesia

BAM International acquires Strukton's stake in tidal bridge project in Indonesia

BAM International acquires Strukton's stake in tidal bridge project in Indonesia

🕔Jun 1, 2018

BAM International bv has announced it will acquire Strukton International’s majority share in the joint venture Tidal Bridge BV, established in 2015 to develop floating power plants that convert tidal energy into electricity.

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IPPToday #199: 1,000 MW geothermal capacity up for tender in Indonesia

IPPToday #199: 1,000 MW geothermal capacity up for tender in Indonesia

🕔Apr 25, 2018

Indonesian state-owned utility PT PLN (Persero) has issued a request for proposals (RFP) for up to 1 GW geothermal projects. Interested parties are invited to submit bids to develop both geothermal steam fields and power plants with at least 5 MW capacity.

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IPPToday #197: MoU signed for US$17.8 billion hydropower project in Indonesia

IPPToday #197: MoU signed for US$17.8 billion hydropower project in Indonesia

🕔Apr 23, 2018

Power Construction Corporation of China (PowerChina) and PT Indonesia Kayan Hydropower Energy have signed a memorandum of understanding (MoU) to develop a hydropower project with a total investment of US$17.8 billion on the Kayan River in North Kalimantan, a province of Indonesia located on the island of Borneo.

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JBIC finances geothermal project in Indonesia

JBIC finances geothermal project in Indonesia

🕔Apr 6, 2018

The Japan Bank for International Cooperation (JBIC) has signed a loan agreement with PT Supreme Energy Rantau Dedap (SERD) for project finance amounting up to approximately US$188 million for the Rantau Dedap Geothermal Power Project in Indonesia. SERD is an Indonesian company partially owned by Marubeni Corporation and Tohoku Electric Power Co., Ltd.

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IPPToday #179: IFC and Amundi close US$1.4 billion green bond fund

IPPToday #179: IFC and Amundi close US$1.4 billion green bond fund

🕔Mar 22, 2018

IFC, a member of the World Bank Group, and Amundi, Europe’s largest asset manager, have announced the successful launch of the world’s largest targeted green bond fund focused on emerging markets, the Amundi Planet Emerging Green One (EGO).

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ADB announces US$235 million for renewable projects in South-East Asia

ADB announces US$235 million for renewable projects in South-East Asia

🕔Feb 27, 2018

The Asian Development Bank (ADB) has signed a loan equivalent of up with US$235 million to B.Grimm Power Public Company Limited, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in member countries of the Association of Southeast Asian Nations (ASEAN).

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IPPToday #147: Bangladesh and Indonesia sign MoU on US$2 billion 1400 MW gas project

IPPToday #147: Bangladesh and Indonesia sign MoU on US$2 billion 1400 MW gas project

🕔Feb 2, 2018

Indonesia’s state-owned diversified energy company PT Pertamina and Bangladesh Power Development Board (BPDB) have signed a memorandum of understanding (MoU) to develop an integrated gas project, comprising of a combined cycle gas turbine (CCGT) power plant with installed capacity of 1400 MW and a floating, storage and regasification unit (FSRU). The estimated total investment is US$2 billion.

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45 MW Kumbih 3 hydro project achieves financial close

45 MW Kumbih 3 hydro project achieves financial close

🕔Jan 8, 2018

Indonesian state-owned utility company​ PT PLN Persero (PLN) has secured financing for the construction of the 45 MW Kumbih 3 hydropower projectKreditanstalt für Wiederaufbau (KfW) bank is to provide a US$99.9 million loan.

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Masdar to build 200 MW floating solar plant in Indonesia

Masdar to build 200 MW floating solar plant in Indonesia

🕔Nov 30, 2017

Abu Dhabi-based renewable energy company Masdar has signed a project development agreement with PT Pembangkitan Jawa-Bali, a unit of Indonesian state utility Perusahaan Listrik Negara, to build a 200 MW floating solar plant in the West Java province. 

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Indonesian Medco acquires 78% of Saratoga Power

Indonesian Medco acquires 78% of Saratoga Power

🕔Oct 11, 2017

PT Medco Energi Tbk (MEDC) has agreed to acquire 77.68% shares of PT Saratoga Power. PT Saratoga Sentra Business and S Asia III Luxembourg S.A.R.L are the sellers for the acquisition of 784,840 shares in PT Saratoga Power representing 77.68% of all subscribed and paid up capital in PT Saratoga Power.

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Tidal Bridge BV awarded tidal project in Indonesia

Tidal Bridge BV awarded tidal project in Indonesia

🕔May 5, 2017

Tidal Bridge BV, a joint venture of Strukton International and DEC, has been awarded the Palmerah Tidal Bridge project in Indonesia. 

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Medco and Ratchaburi sign Riau gas-fired PPA

Medco and Ratchaburi sign Riau gas-fired PPA

🕔Apr 19, 2017

Ratchaburi Electricity Generating Holding Public Company Limited (RATCH) announced its successful expansion into Indonesia by awarding the natural gas-fired combined-cycle Riau power plant with 275-MW capacity.

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Indonesia’s 2GW coal-fired plant gets US$3.36bn financing

Indonesia’s 2GW coal-fired plant gets US$3.36bn financing

🕔Apr 17, 2017

A consortium of Asian banks will provide US$3.36 billion in loans to support the expansion of the Tanjung Jati B coal-fired power plant project in Indonesia.

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Chevron sells Indonesian Renewable Assets

Chevron sells Indonesian Renewable Assets

🕔Apr 10, 2017

AC Energy Holdings, Inc., a wholly-owned subsidiary of Ayala Corporation, and its Indonesian joint venture partners have completed the acquisition of Chevron Corp.’s geothermal assets and operations in Indonesia

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ENGIE signs US$1.25 B of PV and biomass agreements in Indonesia

ENGIE signs US$1.25 B of PV and biomass agreements in Indonesia

🕔Apr 7, 2017

ENGIE Group has signed three partnership agreements in Jakarta to develop, co-finance, build, operate and maintain microgrid and other renewable energy projects in various parts of Indonesia, for a total value of US$1.25 billion over the next five years.

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KOMIPO to develop north Sumatra hydro power project

KOMIPO to develop north Sumatra hydro power project

🕔Mar 23, 2017

Korea Midland Power Co. (KOMIPO) has signed a joint development agreement (JDA) for the development of the Sipborpa Hydropower Project in Jakarta.

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Financing announced for Indonesian geothermal project

Financing announced for Indonesian geothermal project

🕔Feb 6, 2017

The Asian Development Bank signed a new US$109 million financing package for the Muara Laboh geothermal power generation project in western Indonesia.

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Financial close reached for Kalsel Coal-Fired IPP Project in Indonesia

Financial close reached for Kalsel Coal-Fired IPP Project in Indonesia

🕔Feb 2, 2017

PT. Tanjung Power Indonesia (TPI) has secured US$560 million in debt and equity financing for the construction of a 2 x 100-megawatt coal-fired power station in South Kalimantan, the southernmost province on the island of Borneo (Indonesia). 

 

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ADB finances Indonesian geothermal power project

ADB finances Indonesian geothermal power project

🕔Feb 2, 2017

The Asian Development Bank (ADB) has signed a US$109 million project financing package for the 80 MW Muara Laboh geothermal power generation plant located in western Indonesia.

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AC Energy to invest in Indonesian wind farm with UPC Renewables

AC Energy to invest in Indonesian wind farm with UPC Renewables

🕔Jan 16, 2017

Ayala Group's subsidiary AC Energy Holdings Inc. has signed an agreement to develop a 75 MW wind power project in Indonesia, which is worth US$150 million.

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