Jakarta, 27 July 2023 – The Ministry of Energy and Mineral Resources, in partnership with the Institute for Essential Services Reform, sponsored the Indonesia Solar Summit (“Summit”) for the second time since 2022 to assist the acceleration of Indonesia’s energy transition. The Summit’s target is to enhance the support for Indonesia’s energy transition path by strengthening its commitment and connecting all key stakeholders in the solar energy sector.

There were four panel discussions on Wednesday, 26 July 2023. PT Indonesia Infrastructure Finance (“IIF”) was given the opportunity to become one of keynote speaker representing the finance sector, providing essential role in supporting the Government’s decarbonization initiatives.

Anton B. Simatupang, Head of Investment Division, represented IIF in this conference. Anton demonstrated in his presentation the added value that IIF has in financing initiatives – strategic projects. “In addition to promoting the ESG principle in project financing, we have a tailor-made financing business model which enables us to provide long-term financing facilities to debtors,” Anton explained.

He also stated that IIF has extensive expertise providing finance for renewable energy projects in Indonesia. “We have an excellent track record of accelerating the development of renewable energy infrastructure, inclusive of solar projects. “The range of renewable project areas that we have financed spread from West to East Indonesia, and all have been operating and contributing to the distribution of electricity for the society,” Anton stated.

The Company has been contributing to an equal distribution of electrical supply in the Gorontalo and East Nusa Tenggara regions through financing in the solar sector. The  electricity capacity distributed to the community reaching 2 Megawatt and 5 Megawatt, respectively.

As a non-bank financial company, IIF is committed to working an active role in promoting the implementation of renewable energy in Indonesia by investing in projects that are environmentally friendly and advantageous for society.

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance (“IIF”) is a private non-bank financial institution, which is engaged in infrastructure financing and advisory services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank Group, Asian Development Bank (ADB) and other multilateral institutions.

In its operations, IIF applies best practices based on international standards in providing credit, risk management, good corporate governance, and social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia.

Further Queries:
Nastantio W. Hadi
Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
corsec@iif.co.id