Investing in one project, building another

摘要

A US$280 million loan facility has given the International Finance Corporation a minority equity stake in energy producer Bajradaya Sentranusa (BDSN), supporting operation of the 180 MW Asahan 1 project in Indonesia. The deal is intended to improve BDSN's financial sustainability while reducing the country's reliance on fossil fuels, with $75 million of the loan coming from IFC and $205 million in syndicated and parallel loans from Indonesia Infrastructure Finance, the Korean Development Bank, Maybank International, Societe General and Sumitomo Mitsui Banking.