Alamport Renewables Pte. Ltd., a group company of Alamport Inc., completed the USD 500,000 investment in a leading hydro power energy developer in Indonesia (“Developer”). The Developer has several hydro power projects and expand more in future. This time, Alamport is proud to announce the successful closing of the investment, and we would like to thank the Developer for its continued trust in Alamport, and we hope to bring additional values to the company.
Alamport group aims to promote more of hydropower plant projects in Indonesia, contributing the climate of renewable energy policies in Indonesia aiming to have 23% of Indonesia’s energy coming from renewable sources by 2025.