Shikoku Electric Power completed the acquisition of 25% stake in Hero Global Investment for IDR325b.

Shikoku Electric Power, an electric utility company, completed the acquisition of 25% stake in Hero Global Investment, an Indonesian holding company and an independent power producer, for IDR325b. "We are proud to partner with Yonden. Their support will help HGII accelerate the development of renewable energy in Indonesia, including our target to reach 100 MW capacity by 2031," Robin Sunyoto, Hero Global Investment President.