M. Yorda Lazuardi is an Associate of UMBRA – Strategic Legal Solutions. He specializes in the development of power and infrastructure projects, where he has advised local and international sponsors, project companies, commercial and development banks, infrastructure guarantee fund, and off-taker on all aspects of project development.
Practice Focus
Projects & Energy
Sub-Practice & Industry
Power & Infrastructure
Language
Indonesian & English
Education
- Faculty of Law, Universitas Indonesia, Bachelor of Laws (S.H) (2020).
Power
- USD 60 Million Project Financing for 60 MW Saguling Floating Solar Power Plant – Represents ACWA Power and PT PLN Indonesia Power on its joint venture for development and financing of 60 MW Saguling Floating Solar Power Plant in Saguling Reservoir West Java, Indonesia. This project obtains approximately USD 60 million project financing from DEG, Proparco, and Standard Chartered Bank (SCB) and marks ACWA Power’s first investment into large-scale solar power in Indonesia.
- USD 55 Million Project Financing for 50 MW IKN Solar Power Plant with 14.2 MW BESS – Represents PT PLN (Persero) in the development and financing of 50 MW IKN Solar Power Plant (Ground Mounted) with 14.2 MW BESS in the Nusantara Capital City, Indonesia being developed by Sembcorp Utilities Pte. Ltd. and PT PLN Nusantara Renewables. This project obtains approximately USD 55 million project financing from Societe Generale and Clifford Capital Pte. Ltd and marks Sembcorp’s first investment into large-scale solar power in Indonesia. This deal is shortlisted as “Project Finance Deal of the Year” at the IFLR Asia Pacific Awards 2025.
- USD 1,2 Billion Project Financing for 510 MW Batang Toru Hydro Power Plant – Represents PT PLN Nusantara Renewables in the development and finacing of 510 MW Batang Toru Hydroelectric Power Plant in Tapanuli, North Sumatera, Indonesia being developed by PowerChina and PT PLN Nusantara Renewables. This project obtains approximately USD 1,2 billion project financing from a group of Chinese lenders and marks the largest project financing for hydropower plant in Indonesia to date. This deal is awarded as “Project Finance Deal of the Year” at ALB Indonesia Law Awards 2023 and shortlisted as “Project Finance Deal of the Year” at the IFLR Asia Pacific Awards 2024.
- USD 145 Million Project Financing for 31 MW Ijen Geothermal Power Plant – Represents PT Sarana Multi Infrastruktur Indonesia (Persero) in providing approximately USD 145 million project financing to PT Medco Cahaya Geothermal for the development of 31 MW Ijen Geothermal Power Plant in East Java, Indonesia. This deal is the first-ever geothermal power plant in Indonesia being financed by Indonesian lenders.
- USD 112 Million Project Financing for 145 MWac Cirata Floating Solar Power Plant – Represents PT PLN (Persero) in the development and financing of 145 MW Cirata Floating Solar Power Plant in Cirata Reservoir, West Java, Indonesia being developed by Abu Dhabi Future Energy Company (Masdar) and PT PLN Nusantara Renewables. This project obtains approximately USD 112 million project financing from Societe Generale, Standard Chartered Bank (SCB), and Sumitomo Mitsui Banking Corporation (SMBC) and marks Masdar’s first investment into large-scale solar power in Indonesia. This deal is (i) awarded as “Floating Solar Deal of the Year” at IJGlobal Awards 2021 and “Asia Pacific Solar Deal of the Year” at Project Finance International (PFI) 2021, and (ii) shortlisted as “Project Finance Deal of the Year” at the IFLR Asia Pacific Awards 2022.
- USD 72 Million Project Financing for 70 MW Tanah Laut Wind Power Plant with 10 MW BESS – Represents PT PLN (Persero) in the development and financing of 70 MW Tanah Laut Wind Power Plant in South Kalimantan, Indonesia being developed by Total Energies, PT Adaro Power, and PT PLN Nusantara Renewables. This project is expected to obtain approximately USD 72 million project financing from Asian Development Bank (ADB), International Finance Corporation (IFC), and Sumitomo Mitsui Banking Corporation (SMBC). This project is the first-ever wind power plant in Indonesia being developed with BESS.
- USD 15 Million Project Financing for 17 MW Palembang Waste-to-Energy Power Plant – Represents Indonesian commercial lenders in providing approximately USD 15 million project financing to a project company for the development of 17 MW Palembang Waste-to-Energy Power Plant in Palembang, Indonesia.
- USD 15 Million Project Financing for 25 MW East Bali Solar Power Plant – Represents PT Medco Solar Bali Timur in obtaining approximately USD 15 million project financing from PT Bank Negara Indonesia (Persero) for the development of 25 MW Bali Solar Power Plant in West Bali, Indonesia.
- ABOUT
-
M. Yorda Lazuardi is an Associate of UMBRA – Strategic Legal Solutions. He specializes in the development of power and infrastructure projects, where he has advised local and international sponsors, project companies, commercial and development banks, infrastructure guarantee fund, and off-taker on all aspects of project development.
Practice Focus
Projects & Energy
Sub-Practice & Industry
Power & Infrastructure
Language
Indonesian & English
- PROFILE DETAILS
-
Education
- Faculty of Law, Universitas Indonesia, Bachelor of Laws (S.H) (2020).
- REPRESENTATIVE DEALS
-
Power
- USD 60 Million Project Financing for 60 MW Saguling Floating Solar Power Plant – Represents ACWA Power and PT PLN Indonesia Power on its joint venture for development and financing of 60 MW Saguling Floating Solar Power Plant in Saguling Reservoir West Java, Indonesia. This project obtains approximately USD 60 million project financing from DEG, Proparco, and Standard Chartered Bank (SCB) and marks ACWA Power’s first investment into large-scale solar power in Indonesia.
- USD 55 Million Project Financing for 50 MW IKN Solar Power Plant with 14.2 MW BESS – Represents PT PLN (Persero) in the development and financing of 50 MW IKN Solar Power Plant (Ground Mounted) with 14.2 MW BESS in the Nusantara Capital City, Indonesia being developed by Sembcorp Utilities Pte. Ltd. and PT PLN Nusantara Renewables. This project obtains approximately USD 55 million project financing from Societe Generale and Clifford Capital Pte. Ltd and marks Sembcorp’s first investment into large-scale solar power in Indonesia. This deal is shortlisted as “Project Finance Deal of the Year” at the IFLR Asia Pacific Awards 2025.
- USD 1,2 Billion Project Financing for 510 MW Batang Toru Hydro Power Plant – Represents PT PLN Nusantara Renewables in the development and finacing of 510 MW Batang Toru Hydroelectric Power Plant in Tapanuli, North Sumatera, Indonesia being developed by PowerChina and PT PLN Nusantara Renewables. This project obtains approximately USD 1,2 billion project financing from a group of Chinese lenders and marks the largest project financing for hydropower plant in Indonesia to date. This deal is awarded as “Project Finance Deal of the Year” at ALB Indonesia Law Awards 2023 and shortlisted as “Project Finance Deal of the Year” at the IFLR Asia Pacific Awards 2024.
- USD 145 Million Project Financing for 31 MW Ijen Geothermal Power Plant – Represents PT Sarana Multi Infrastruktur Indonesia (Persero) in providing approximately USD 145 million project financing to PT Medco Cahaya Geothermal for the development of 31 MW Ijen Geothermal Power Plant in East Java, Indonesia. This deal is the first-ever geothermal power plant in Indonesia being financed by Indonesian lenders.
- USD 112 Million Project Financing for 145 MWac Cirata Floating Solar Power Plant – Represents PT PLN (Persero) in the development and financing of 145 MW Cirata Floating Solar Power Plant in Cirata Reservoir, West Java, Indonesia being developed by Abu Dhabi Future Energy Company (Masdar) and PT PLN Nusantara Renewables. This project obtains approximately USD 112 million project financing from Societe Generale, Standard Chartered Bank (SCB), and Sumitomo Mitsui Banking Corporation (SMBC) and marks Masdar’s first investment into large-scale solar power in Indonesia. This deal is (i) awarded as “Floating Solar Deal of the Year” at IJGlobal Awards 2021 and “Asia Pacific Solar Deal of the Year” at Project Finance International (PFI) 2021, and (ii) shortlisted as “Project Finance Deal of the Year” at the IFLR Asia Pacific Awards 2022.
- USD 72 Million Project Financing for 70 MW Tanah Laut Wind Power Plant with 10 MW BESS – Represents PT PLN (Persero) in the development and financing of 70 MW Tanah Laut Wind Power Plant in South Kalimantan, Indonesia being developed by Total Energies, PT Adaro Power, and PT PLN Nusantara Renewables. This project is expected to obtain approximately USD 72 million project financing from Asian Development Bank (ADB), International Finance Corporation (IFC), and Sumitomo Mitsui Banking Corporation (SMBC). This project is the first-ever wind power plant in Indonesia being developed with BESS.
- USD 15 Million Project Financing for 17 MW Palembang Waste-to-Energy Power Plant – Represents Indonesian commercial lenders in providing approximately USD 15 million project financing to a project company for the development of 17 MW Palembang Waste-to-Energy Power Plant in Palembang, Indonesia.
- USD 15 Million Project Financing for 25 MW East Bali Solar Power Plant – Represents PT Medco Solar Bali Timur in obtaining approximately USD 15 million project financing from PT Bank Negara Indonesia (Persero) for the development of 25 MW Bali Solar Power Plant in West Bali, Indonesia.