Indonesia's PT PLN Persero Signs Green Energy Financing Deal

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Researched by Industrial Info Resources (Sugar Land, Texas)--PT PLN Persero signed a mandate letter allowing eight international banks to finance proposed green energy transition projects amounting to US$750 million.

PT PLN has carried out a few initiatives to support the decarbonization agenda, including retiring a coal-fired power plant and building new renewable energy generators.

Darmawan Prasodjo, the main director of PT PLN, said that international collaboration was necessary to support PLN's energy transition plans.

Industrial Info Resources is tracking 1,898 renewable energy projects by PT PLN Perusahaan Listrik Negara Persero, worth US$146 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a list of detailed project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).