JBIC finances geothermal project in Indonesia
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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Country news
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March 22, 2018
IFC and Amundi close US$1.4 billion green bond fund
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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February 27, 2018
ADB announces US$235 million for renewable projects in South-East Asia
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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February 02, 2018
Bangladesh and Indonesia sign MoU on US$2 billion 1400 MW gas project
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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January 08, 2018
45 MW Kumbih 3 hydro project achieves financial close
Indonesian state-owned utility company PT PLN Persero (PLN) has secured financing for the construction of the 45 MW Kumbih 3 hydropower project. Kreditanstalt für Wiederaufbau (KfW) bank is to provide a US$99.9 million loan.
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November 30, 2017
Masdar to build 200 MW floating solar plant in Indonesia
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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