Alamport Inc. (hereinafter “Alamport”) is pleased to announce that Kanematsu Corporation (hereinafter “Kanematsu”) has made a new investment in PT Alam Energy Indonesia (hereinafter “AEI”). AEI is a joint venture in Indonesia, originally invested by Alamport and three other Japanese companies, that provides carbon-free solutions centered on solar power generation equipment rentals. Following the allotment of new shares and transfer of shares, the shareholding ratio of AEI will be as follows— Shizen Malaysia Sdn. Bhd. (herein after “Shizen Energy Group”): 38.25%; Alam Nix Renewables Pte. Ltd. (hereinafter “ANR”): 36.75%; Kanematsu: 25%. ANR is jointly owned by three companies: Alamport, NiX JAPAN Co., Ltd., and EnBio Holdings, Inc.
Photo taken at the signing ceremony held in Kanematsu’s Tokyo Head Office
From left: Alamport / Fumito Kotani, Representative Director,
Kanematsu / Shigenobu Makita, Executive Officer,
Shizen Energy / Kenji Kawado, Representative Director, AEI/ Ryo Ogawa, President Director
AEI was established in January 2019 and has been developing its rooftop solar rental business in Indonesia through its subsidiary, PT Alam Energy Renewables (hereinafter “AER”). We co-founded AEI together with the Shizen Energy Group and have participated as a shareholder from the beginning. Since its establishment, we have supported the rooftop solar rental business and its growth.
Specifically, our support has included:
- Formulating business strategies,
- Developing and supporting the execution of management plans,
- Assisting with business development and marketing,
- Supporting financing from financial institutions and its monitoring,
- Securing government subsidy programs, and
- Building partnerships with Indonesian companies.
Through these continuous efforts, we have been deeply involved in the management of AEI’s business. We remain committed to contributing to AEI’s future business expansion and value added creation.
Kanematsu set “GX” as one of the key value propositions under our medium-term management plan, “integration 1.1,” and are promoting initiatives accordingly. Furthermore, we have developed an extensive network in Indonesia over the years through our trading business, and have GX products and know-how in areas such as energy conservation and fuel consumption reduction systems.
Following this share acquisition, we will comprehensively combine their respective expertise, networks, know-how, and other strengths to expand the rooftop solar panel business in Indonesia and provide a variety of decarbonization solutions tailored to customer needs. Through these concerted efforts, we aim to contribute to achieving the Indonesian government’s NDC and improved sustainability.
※Nationally determined contribution: GHG emission reduction targets voluntarily submitted by individual countries in accordance with the Paris Agreement (adopted in 2015)
■Comments from representatives of Kanematsu and AEI
Kanematsu Corporation | Shigenobu Makita, Executive Officer
We are greatly honored to be able to participate in AEI’s business. The Kanematsu Group has been operating in Indonesia for over a century, across a wide range of fields such as food, grain, livestock, automobiles, electronics, materials, steel, machinery, and logistics.
As needs for decarbonization solutions continue to grow throughout the supply chain, we will contribute to AEI’s business expansion and Indonesia’s decarbonization efforts by leveraging our extensive customer network in Indonesia, as well as our know-how in the GX field, to the fullest.
PT Alam Energy Indonesia | Ryo Ogawa, President Director
We are very honored to welcome Kanematsu as a new management partner through this third-party allotment of new shares and partial share transfer. Our company was founded in January 2019, immediately after the lifting of restrictions on rooftop solar power generation in Indonesia. Since then, we have been a pioneer in the Indonesian rooftop solar power generation sector, supporting the decarbonization initiatives of Japanese companies and other corporate customers.
Kanematsu’s investment will allow us to accelerate our rooftop solar panel business even further. Furthermore, we will leverage Kanematsu’s extensive know-how in energy conservation systems and other areas to offer a broader range of carbon-free solutions to our customers. We will remain committed to being the leading decarbonization partner for our customers.
[About PT Alam Energy Indonesia]
Founded in January 2019. A joint venture of Shizen Energy, Alamport, NiX Group, and Enbio Holdings, with AER as a subsidiary. AER operates a rooftop solar panel rental business amounting to 30 MW in total in Indonesia.
・Headquarters：Wework Sinarmas MSIG Tower 37th Floor, Jl. Jend. Sudirman Kav. 21, Setiabudi, Jakarta Selatan 12930
[Shareholders’ Website URL]
Shizen Energy Inc.: https://www.shizenenergy.net/
Alamport Inc.: https://alamport.net/
NiX Japan Co., Ltd.: https://www.nix-japan.co.jp/
EnBio Holdings, Inc. https://enbio-holdings.com/
＜For inquiries＞
Alam Energy contact
e-mail：contact@alamenergy.co.id