PGEO — Has secured an insurance partnership for geothermal projects

PGEO — Has secured an insurance partnership for geothermal projects Pertamina Geothermal Energy (PGEO) has entered into a strategic partnership with Nippon Export and Investment Insurance (NEXI), a Japanese government-owned insurance company. This collaboration is intended to secure insurance coverage for several geothermal energy projects in Indonesia. The agreement will facilitate financing with more favorable terms, strengthen ties between Indonesia and Japan, and promote renewable energy investment. Furthermore, this partnership aligns with PGEO’s commitment to advancing clean energy and supporting the Asia Zero Emissions Community (AZEC) initiative. (Source : Bisnis Indonesia)