The signing of facility agreement for financing of Commercial and Industrial Solar (C&I) Projects which consists of numbers of C&I Projects across Java Island, Indonesia

Congratulations to PT Sarana Multi Infrastruktur (Persero) and Alam Energy by Shizen Energy Group for the signing of facility agreement for financing of Commercial and Industrial Solar (C&I) Projects which consists of numbers of C&I Projects across Java Island, Indonesia.

 

This transaction marks one of the first project financings for C&I Projects to be financed by Indonesian lenders within Indonesian market. This complexity of the financing involves different risk profiles, security structure, and milestones of the different projects and different locations, meanwhile the financing is granted through a portfolio project financing.

 

Led by Kirana Sastrawijaya (Head of Projects and Infrastructure Practice Group) and Putu Raditya Nugraha (Head of Banking and Finance Practice Group) and supported by their associates Yorda LazuardiJesseline TiopanRisca Piscensia Haryanto, and Faris Alwi, we are pleased to be able to assist the parties in achieving the crucial milestone and be a part of another historical milestone in the development of renewable projects in Indonesia. We look forward to making greater contributions in the future!

 

Please refer to this link for official publication by SMI (https://lnkd.in/gP5e7hnU)

 

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FEATURED LAWYERS

Kirana

Kirana D. Sastrawijaya
Senior Partner

kirana@umbra.law

Putu

Putu Raditya Nugraha
Senior Partner

raditya@umbra.law