PT. Perusahaan Listrik Negara (PLN) #45345
Created at
2024-03-13
Last update
2024-11-18
2 Parents (Involvements as child)
ID
Name
Government of Indonesia
Country of registration/origin
Indonesia
Classification
Government institution
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
Not necessarily shares, however it is controlled by the states interest
ID
Name
Asian Development Bank (ADB)
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
40 170 000
$
Loan date
2018-04-11
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.
2 Children (Involvements as parent)
ID
Name
PT Pembangkitan Jawa Bali Masdar Solar Energi (PMSE)
Country of registration/origin
Indonesia
Classification
Private company
Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
51.00 %
ID
Name
PT Infrastruktur Terbarukan Lestari (ITL)
Country of registration/origin
Indonesia
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company