Alamport Renewables Pte. Ltd. (“AR”), 100% owned by Alamport Inc. (“Alamport”), and EnBio Holdings, Inc. (“Enbio”) agreed that AR would issue new ordinary shares and Enbio would subscribe the shares of USD 490,000. Enbio would also subscribe up to USD 4,000,000 as preferred shares. Together with Enbio, AR will mainly invest in hydro power companies and projects in Indonesia.
Enbio was established in 1999, being listed in Tokyo Stock Exchange Growth Market (Code: 6092). Enbio’s core business is to solve environmental problem by providing services for engineering solutions on soil improvement, brownfield revitalization and renewable energy. For renewable energy business, Enbio owns around 46MW with 46 power plants and achieved successful operation for biomass and biogas power plant in Turkey.
Web site: https://enbio-holdings.com/outline/
Alamport was founded with a purpose to become a leading hub for renewable energy in Indonesia. Depending on the situation, Alamport may work as a consultant/advisor or take risks as a developer/investor drive the projects toward a success. Our core capabilities include depth of project and market understanding, local and international network, and on the ground resources for the hands-on management. Through this partnership with Enbio, we can strengthen our funding capability and accelerate our investment activities in renewable energy companies and projects in Indonesia.
■ Overview of Alamport Renewables Pte. Ltd.,
| Name | Alamport Renewables Pte. Ltd. |
| Establishment date | 1st March, 2022 |
| Registered address | 160 ROBINSON ROAD #14-04 SINGAPORE, 068914 |
| Initial paid-up capital | USD1,000,000 ※After the Enbio investment in AR |
| Directors | Fumito Kotani, Representative Director of Alamport Soichiro Nishimori, Director of Alamport Yukinobu Yokomizo, Director of Enbio Tomoyuki Tatsuki, Director of Enbio |
[About Alamport Inc.]
Founded in March 2015. Alamport is engaged in business development, investment, consulting and advisory services to achieve the promotion of renewable energy projects that are closely aligned with local needs. The company is involved in a wide range of renewable energy projects using local natural resources effectively, including solar, hydro, biomass, and biogas.
URL: https://alamport.net/en/
[About EnBio Holdings, Inc.]
Founded in June 1999. Enbio is listed in Tokyo Stock Exchange Growth Market (Code: 6092). Enbio’s core business is to solve environmental problem by providing services for engineering solutions on soil improvement, brownfield revitalization and renewable energy.
URL: https://enbio-holdings.com/
<For inquiries regarding this press release>
E-mail: info@alamport.com