Investor #45345 Version 26999 Version 27672

Data source #DdOlOuQm

File
Type
Research Paper / Policy Report
Url
Keep PDF not public
No
Publication title
Special Purpose Vehicles owned by Vena Energy Eastern Indonesia Renewable Energy Project (Phase 2) (Indonesia)
Date
2023-06
Organisation
Asian Development Bank (ADB)

Involvement #CMhLchsC

Role
Tertiary investor/lender
Comment
On 11 April 2018, the Asian Development Bank (ADB) approved a 20-year loan of $12.49 million from ADB’s ordinary capital resources for the development and construction of four solar power plants in Lombok and North Sulawesi, with a combined capacity of 42 megawatts (MWp). ADB was the sole lead arranger, not only providing the ordinary capital resources loan but also administering $5.78 million from Leading Asia’s Private Sector Infrastructure Fund (LEAP) and $21.9 million from Canadian Climate Fund for the Private Sector in Asia II (CFPS II). Under a 20-year power purchase agreement (PPA) with Perseroan Terbatas (PT) Perusahaan Listrik Negara (PLN), the project is among the first utility-scale solar independent power producers in Indonesia.
Loan date
2018-04-11
Loan amount
40 170 000
Investment type
Debt financing
loans_currency_id
unknown field
Investor