Global Trade Alert
Global Trade Alert

Japan: JBIC financing for geothermal power project in Indonesia

Announcement

28 Mar 2018

On March 23, 2018, The Japanese Bank of International Cooperation (JBIC) signed a $188 million loan agreement for the financing of PT Supreme Energy Rantau Dedap (SERD) and other sponsors for the Rantau Dedap Geothermal Power Project in Indonesia, which are heavily invested in by Japanese Marubeni Corporation, Tohoku Electric Power Co., Ltd.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Mar 2018

Revocation date:

No revocation date

Announced: 28 Mar 2018
Financial assistance in foreign market In force
A $188 million USD loan agreement was signed into effect on March 23, 2018, for the project financing of PT Supreme Rantau Dedap (SERD), an Indonesian company invested in by Japanese Marubeni Corporat...
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