The signing ceremony of the power purchase agreement for 145 MWac Cirata Floating Solar PV PPA in Abu Dhabi
Congratulations to PT PLN (Persero), PT Pembangkitan Jawa Bali Investasi and Masdar (Abu Dhabi Future Energy Company) for the signing of the 145 MWac Cirata Floating Solar PV PPA in Abu Dhabi!
This landmark project, being one of the largest solar floating plants in Southeast Asia, signifies the strong commitment of the Indonesian Government to boost the use of renewable energy in our country’s energy mix. The project is also expected to be the anchor for future G-to-G cooperation between Indonesia and UAE amounting up to US$22.89 billion of investment in Indonesia.
Led by our Senior Partners Kirana Sastrawijaya and Liyanto Wijaya, and associates Amelia Rohana Sonang, Adya Sepasthika and Qamelya Risma we acted as the legal counsel for the drafting and negotiation of the PPA, the first of its kind in Indonesia given the involvement of PLN’s subsidiary, the significant size and the new solar PV floating technology used. It has been a great pleasure for us to complete this deal in an extraordinarily tight timeline, demonstrating our deep experience in handling state-of-the-art projects and our commitment to always get things done for our clients!