PLN nears close on MIGA-backed green loan

In:

Power, Transport

Region:

Asia-Pacific

By Max Thompson

Indonesia’s state-owned electricity utility PLN is nearing financial close on a $1 billion MIGA-backed green loan. Proceeds will be used by PLN to make payments under existing PPAs to IPPs that are currently operational, including geothermal and hydropower plants. Consistent with World...

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