PT HLI Green Power

Karawang EV Battery Manufacturing Project - K-Sure Covered Loan

Borrower(s)
PT HLI Green Power
Industry
Manufacturing & equipment/Manufacturing
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Indonesia

Achievements

Sustainable Deal

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Companies Involved

Borrower
PT HLI Green Power
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Deal Overview

An export credit untied financing facility for HLI Green Power’s new electric vehicle (EV) battery manufacturing facility in Karawang, Indonesia. This is a landmark development in the market as it is the first EV battery plant in South-East Asia and marks a positive industrial step-up in this...

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Deal Volume
$ 711m
Financial Close
25/10/2022
Dealmakers
Sources
Submitted by participant(s),
Proximo article
Press release

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Tranches

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Project Deals

Karawang EV Battery Manufacturing Project
$ 1.18bn
Greenfield
Manufacturing
Asia Pacific
Asia Pacific
Indonesia

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