Apr 17

PT. Supreme Energy Muara Laboh signed a Loan Agreement for Muara Laboh Geothermal Development

Jakarta, 31 January 2017. PT. Supreme Energy Muara Laboh (SEML) has signed a loan agreement on January 26, 2017 with a consortium of Development Finance Institutions consisting of Japan Bank for International Cooperation, Asian Development Bank (ADB) with funds from Leading Asia’s Private Sector Infrastructure Fund established between ADB and Japan International Cooperation Agency, and the commercial bank group consisting of Mizuho Bank, Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking Corporation all under a guarantee from Nippon Export and Investment Insurance. The loan of USD 440 m...