Alamport has acted as a transaction advisor for TEPCO Renewable Power, Inc. for Equity Investment in PT Kencana Energi Lestari, Tbk, Indonesia in Feb 2022

2022.02.24

Tokyo, February 15, 2022: TEPCO RP that will proactively promote the development of primarily overseas hydroelectric and domestic/overseas offshore wind power projects acquired 25% of the issued shares of PT Kencana Energi Lestari, Tbk, a renewable energy company in Indonesia, thereby making the company an affiliate. This marks the first equity investment by TEPCO RP in an overseas renewable energy company that manages several power generation companies.

This time, Alamport is proud to announce the successful closing of the equity investment acting as a transaction advisor for TEPCO RP. We would like to thank TEPCO RP for its continued trust in Alamport, and we hope to bring additional values to the project and the stakeholders.

Alamport is engaged in business development, investment, consulting and advisory services to achieve the promotion of renewable energy projects that are closely aligned with client’s and local needs.

Press Release by TEPCO RP:
https://www.tepco.co.jp/en/rp/about/newsroom/press/archives/2022/20220216_01.html