Announced
Completed
Financials
Tags
Completed
Conventional Electricity
Indonesia
electric power
Acquisition
Majority
Joint Venture
Cross Border
Friendly
Private
Synopsis
Kansai Electric Power, a Japanese energy generation and distribution company, and Medco Power, Indonesia’s largest listed energy company, formed a joint venture. Financial terms were not disclosed. "The alliance with Kansai Electric will further strengthen our capabilities and allow us to continue developing our Gas IPP and O&M businesses in Indonesia, through the application of advanced technology and best international practices," Eka Satria, Medco Power President Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.