Pertamina to acquire 20% stake in Philippine renewable energy firm
12 Jan 2025 12:08
Pertamina is projected to spend approximately USD 115 million for CREC acquisition.
TGRA's recovery efforts: rights issue plans and acquisition
03 Jan 2025 15:39
TGRA's difficulties began with its undersubscribed IPO on May 15, 2017, where it raised only IDR 110 billion, far below the IDR 1.5 trillion needed for capital expenditures to build its five PLTMs.
Pertamina Geothermal Energy maintains impressive profitability in Q1 2024
02 May 2024 10:30
PT Pertamina Geothermal Energy Tbk (PGEO), a renewable energy company under PT Pertamina (Persero), scored net profit of USD 47.49 million in the first quarter of 2024, up 1.17% year-on-year (yoy) or from the same quarter last year.
Arkora Hydro introduces new subsidiary in Kalimantan, investing IDR 5 billion
13 Nov 2023 08:41
PT Arkora Hydro Tbk (ARKO), a power plant company, has established a new subsidiary called PT Arkora Hydro Kalimantan (AHK).
Building wood pellet factory of USD 4.8 million, MITI to establish JV
12 Oct 2023 11:18
PT Mitra Investindo Tbk (MITI) has established a joint venture (JV) along with Interra Resources Limited (IRL) and PT Prima Asset Lestari (PAL).
Consistently growing, Kencana Energi Lestari readies IDR 23 billion of dividend this year
20 Jun 2023 16:11
PT Kencana Energi Lestari Tbk (KEEN), a renewable energy company, prepares dividend for the fiscal year 2022 of DIR 23.83 billio
TOBA enters renewable energy business partnership with Adaro and Medco Power
17 Mar 2023 20:59
PT Energi Baru TBS (EBT), a subsidiary of PT TBS Energi Utama Tbk (TOBA), has signed a memorandum of understanding with PT Adaro Clean Energy Indonesia (ACEI) and PT Medco Power Indonesia (MPI) for the development of renewable energy.
