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Pertamina geothermal unit slated to go public in H1

January 14, 2022 by www.thejakartapost.com Leave a Comment

Divya Karyza (The Jakarta Post)

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Jakarta   ● Fri, January 14, 2022

State-owned Pertamina Geothermal Energy (PGE) is expected to go public on the Indonesia Stock Exchange in the first half of this year to finance business development.

Deputy State-Owned Enterprises Minister Pahala Mansury said on Thursday that the initial public offering (IPO) was expected to raise between US$400 million and $500 million.

IPO proceeds would be used over the next three to four years to optimize power plants, develop green products and conduct exploration activities.

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Pertamina geothermal unit slated to go public in H1 have 456 words, post on www.thejakartapost.com at January 14, 2022. This is cached page on Travel News. If you want remove this page, please contact us.

Filed Under: Business PGE|Pertamina-Geothermal-Energy|geothermal|renewable-energy, united states public health service, united nations public service award, United Nations Department of Public Information, Public Health Unit, Pertamina Geothermal Energy, PT Pertamina Geothermal Energy, public private partnership unit

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