November 2021 – PT Indonesia Infrastructure Finance (“IIF”), also acting as Mandated Lead Arranger, is privileged to provide a syndicated loan facility of USD 85 Million with PT Sarana Multi Infrastruktur (Persero) for the construction of a Floating Production Unit (FPU) in Madura Strait.

This facility will be utilized by PT Timas Oceanstar Indonesia (“TOI”) for the construction of a floating gas processing facility with a design capacity of 175 MMSCFD prior to be delivered to the customer in East Java.

The signing were represented by President Director of IIF, Director of SMI, President Director of TOI and Director of TIMAS, held in IIF office, Jakarta, Thursday (11/25).

“This facility exhibits our support in the development of gas infrastructure and the utilization of clean energy in Indonesia. Evidently, IIF participates in maximizing natural gas contribution in total energy supply with target of 22% contribution in 2025.” as explained by Mr. Reynaldi Hermansjah, President Director of IIF.

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