News / Indonesian Medco acquires 78% of Saratoga Power

Indonesian Medco acquires 78% of Saratoga Power

🕔 October 11, 2017
Hydro One and Avista terminate merger agreement

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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