Jakarta, 23 January 2025 – To support the development of renewable energy project in Indonesia, PT Indonesia Infrastructure Finance (IIF) together with PT Brantas Adya Surya Energi (subsidiary of Brantas Abipraya) signed a senior term loan facility agreement worth USD 2,130,000 to support the acquisition of a 3×2 Megawatt Mini Hydro Power Plant (MHPP) located in Kaur Regency, Bengkulu Province. The signing was done by the Interim Chief Executive Officer / Chief Financial Officer of IIF, Rizki Pribadi Hasan and Fajareza Rizkyawan, President Director of PT Brantas Adya Surya Energi.
PT Brantas Adya Surya Energi is committed to develop the renewable energy sector in its operations, including overseeing the power generation sector spread throughout Indonesia which was previously managed under PT Brantas Energi.
Prior to this MHPP project acquisition, IIF has acted as a creditor to PT Brantas Adya Surya Energi by providing financing for the development of 2 MWp Gorontalo Solar Power Plant project back in 19 February 2016.
Rizki stated, “The construction of the MHPP is the right solution to meet the growing electricity needs in Kaur Regency. Through this project, IIF not only contributes to increasing the supply of clean energy but also supports local economic growth and community welfare”
As of 2024, IIF has contributed to the development of renewable energy infrastructure through power plants with a total installed capacity of 693.9 MW. These power plants have reduced GHG emissions by 419,3373.77 tons of CO2e, equivalent to planting 147,135 trees. The electricity generated also contributes to serving more than 637 thousand households, or the equivalent of 2.8 million people.
According to data from the Ministry of Energy and Mineral Resources (ESDM), in 2023, the average electricity consumption per person in Indonesia reached 1,285 kWh/capita. This figure increased from 1,173 kWh/capita in 2022.
IIF’s efforts to support the development of renewable energy in Indonesia are crucial. By supporting the development of PLTMH, IIF is contributing to a sustainable and environmentally friendly energy transitionPT 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 15 January 2010 at the initiative of the Government of the Republic of Indonesia. Currently, the ownership of IIF is held by PT Sarana Multi Infrastruktur/SMI (Persero), Asian Development Bank (ADB), the International Finance Corporation (IFC) which is part of the World Bank, Deutsche Investitions-und Entwicklungsgesellschaft (DEG) which is fully owned by KfW, and Sumitomo Mitsui Banking Corporation (SMBC).
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 Division
PT Indonesia Infrastructure Finance
Telp: (021) 2991 5060;
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