Project and infrastructure

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Opportunity of the day: PT Indonesia Power looking for Java V debt

PT Indonesia Power will need significant funds over the next four years to finance the development of the Suralaya IX and X steam power units, adding 2000MW to the current 4025MW Java V facility. Of the total investment, around $530 million is needed in the early stages which may be raised from parent company PLN's plan for the securitization of PT Indonesia Power assets.