Akuo Energy and CIP join forces for Indonesian Renewables

Akuo Energy enters into a joint venture with Copenhagen Infrastructure Partners to develop a 400 MW renewable portfolio in Indonesia. |Akuo Energy enters into a joint venture with Copenhagen Infrastructure Partners to develop a 400 MW renewable portfolio in Indonesia.

Partagez:

Akuo Energy enters into a joint venture with Copenhagen Infrastructure Partners (CIP) to develop a renewable portfolio in Indonesia.

Akuo Energy expands its international portfolio

This joint venture is between Akuo Energy’s Indonesian subsidiary, PT Akuo Energy Indonesia, and Copenhagen Infrastructure Partners (CIP) through Copenhagen Infrastructure New Markets Fund I (CI NMF).
The aim is to develop a joint portfolio of over 400 MW of onshore wind, solar and run-of-river hydro projects in Indonesia, with potential for future development.
This transaction also marks CI NMF’s first investment in the Indonesian renewable energy market.

Strong contribution to Indonesia’s renewable development goals

“Indonesia is a market with relatively limited penetration of renewable energies, but very significant potential, and is therefore a key market for CI NMF. Together with our recently announced investment in India, this transaction demonstrates significant progress in CI NMF’s investment plan,” says Niels Holst, Partner and Head of CI NMF.

This new joint portfolio contributes 4.5% of Indonesia’s target of achieving 23% renewable energy in its electricity mix by 2025.
Astris Finance acted as exclusive financial advisor and Hadiputranto Hadinoto & Partners, a subsidiary of Baker Mckenzie, as legal advisor to CI NMF.

  • Populaires ​
Envision Energy wins French 120 MW energy storage contract
Petronas and JOGMEC Sign Strategic Agreement around LNG Canada Project
Maurel & Prom strengthens presence in Angola with strategic offshore acquisition
Q ENERGY inaugurates Europe’s largest floating solar power plant
Eurowind Energy invests €174.8mn in major solar park in Romania
Ares Management acquires 20% of Plenitude’s capital for 2 billion euros
The US investment fund Ares Management enters Plenitude's capital by acquiring a 20% stake from Eni, valuing the Italian company at 10 billion euros and reinforcing its integrated energy strategy.
Airbus selects ENGIE to decarbonise 22 industrial sites across Europe
ENGIE secures a contract to reduce Airbus' industrial emissions in France, Germany, and Spain, targeting an 85% decrease by 2030 through various local energy infrastructures.
Alain Rhéaume steps down as Chairman of Boralex’s Board of Directors
Alain Rhéaume, Chairman of Boralex’s Board of Directors for eight years, will leave his position by December, following the appointment of his successor by the governance committee of the Canadian energy group.
Statkraft announces $292 million cuts amid European financial pressures
Norwegian group Statkraft plans an annual cost reduction of NOK2.9bn ($292 million) by 2027, citing possible job cuts amid rising financial burdens and volatility in the European energy market.
EDF establishes EDF power solutions to consolidate international low-carbon activities
EDF merges EDF Renouvelables and its International Division into EDF power solutions, led by Béatrice Buffon, to optimise its global 31 GW low-carbon energy portfolio and strengthen its international positioning.
TotalEnergies and Mistral AI Launch AI Laboratory Focused on Industrial Optimization
TotalEnergies announces a strategic partnership with Mistral AI to establish a dedicated innovation laboratory integrating artificial intelligence tools aimed at enhancing industrial efficiency, research, and customer relations.
ETC warns of trade tensions linked to clean energy supply chains
The Energy Transitions Commission warns of economic risks tied to growing protectionism around clean technologies, while calling for global consensus on carbon pricing.
Baker Hughes sells sensor division to Crane for $1.15bn
Baker Hughes has reached an agreement to sell its precision sensor product line to Crane Company for $1.15bn, thereby refocusing its operations on core competencies in industrial and energy technologies.
Baker Hughes
KKR and PSP inject $2.82bn into AEP’s US transmission network
American conglomerate American Electric Power sold 19.9% of two transmission subsidiaries to KKR and PSP Investments, raising $2.82bn to support its five-year $54bn investment plan.
Israel identifies 165 key companies in the 2025 energy tech landscape
The new mapping by Startup Nation Central identifies 165 active companies in Israel’s energy technologies, amid strong private funding and growing global market interest.
Bernard Fontana Launches 30% Cost Reduction Plan at EDF
The new CEO of EDF, Bernard Fontana, aims to achieve €1 billion in operational cost savings for the French energy giant by 2030, prioritizing industrial contracts and the national nuclear sector.
CMS Energy launches debt repurchase offer for $125 million
CMS Energy Corporation has announced a cash tender offer for debt securities totalling $125 million, issued by Consumers Energy. The offer expires on July 3, 2025, with priority given to bonds submitted before June 17, 2025.
Vermilion Energy sells U.S. assets for $87.88mn and adjusts its forecasts
Vermilion Energy is exiting the U.S. market permanently by selling its assets for C$120mn ($87.88mn), refocusing its operations on Canada and Europe while reducing its debt and investment budget.
Eni Pays €8.4 Billion to Energy-Producing Countries in 2024
In 2024, Italian energy giant Eni paid approximately €8.4 billion to various global governments. These payments, primarily concentrated in Africa and Asia, reflect its commitments in the international energy sector.
Global energy investment to reach record $3.3tn in 2025, says IEA
The International Energy Agency projects a record-high global energy investment in 2025, driven by electricity and low-carbon technologies despite geopolitical and economic uncertainty.
Suspicion of Collusion: Formal Investigation Launched into Czech Energy Auction
The Czech regulatory authority launches an investigation into suspected collusion involving several major actors in the awarding of a thermal power plant, putting transparency of a strategic transaction for the energy sector at stake.
DR Congo replaces cobalt export ban with quota system
The Democratic Republic of Congo is set to replace its temporary ban on cobalt hydroxide exports with quotas, aiming to balance global demand, secure revenue, and stabilize market fluctuations.
European Energy secures EUR 145mn loan for wind and solar projects in Lithuania
European Energy secured EUR 145mn in financing from SEB and Swedbank to support wind, solar, and storage assets in Lithuania, reinforcing its regional expansion strategy.
Greenvolt sells 231 MW of energy projects in Spain to Transiziona for €195mn
Greenvolt Group finalised the sale of 28 solar and wind projects to Transiziona, valued at €195mn, bringing total asset sales to €530mn in 2025 as part of its pan-European strategy.
Aegis Vopak Terminals goes public in Mumbai with €2.7bn valuation
Royal Vopak’s Indian joint venture rose nearly 3% on its first trading day in Mumbai, reaching an implied valuation of €2.7bn ($2.93bn).

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS