Deals

Financial closing of the 145 MWac Cirata Floating Photovoltaic Power Plant Project (Cirata Project) – the largest floating solar project in Indonesia!

Congratulations to PT PLN (Persero) and PT Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), a joint venture between Masdar (Abu Dhabi Future Energy Company) and PT Pembangkitan Jawa Bali Investasi, for achieving the financial closing of the 145 MWac Cirata Floating Photovoltaic Power Plant Project (Cirata Project)...

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Signing of Project Agreement and Subsidiary Agreement in relation to the development and funding of geothermal projects

Congratulations to PT Geo Dipa Energi (Persero) (GDE), PT Sarana Multi Infrastruktur (Persero) (SMI) and The World Bank for the signing of Project Agreement and Subsidiary Agreement in relation to the development and funding of geothermal projects in certain areas in eastern part of Indonesia. Using a unique tripartite cooperation structure, the...

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Closing of US$65.5 million Series B investment in TaniHub Group, One of Indonesia’s Largest Agritech Start-Ups, led by MDI Ventures, the Investment Arm of Telkom Group

We are excited to announce another deal closing this week with the completion of US$65.5 million Series B investment in TaniHub, an agritech start-up with integrated platforms for B2B e-commerce, logistic, and funding for farmers and agricultural products, by various institutional investors led by MDI Ventures, the...

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Closing of PT Telekomunikasi Selular’s US$450 million Equity Investment in GoTo following the successful merger of Gojek and Tokopedia

Following the completion of Gojek and Tokopedia’s merger, we would like to congratulate Telkomsel for successfully closing its US$450 million equity investment in the combined entity of GoTo involving the conversion of Telkomsel’s initial US$150 million hybrid securities and additional cash injection of US$300 million, being the largest investment to...

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