PGEO - Signs MoU with Danantara & PLN

PGEO - Signs MoU with Danantara & PLN Pertamina Geothermal Energy (PGEO), PLN, and Danantara Indonesia, through, Danantara Asset Management signed a strategic MoU to accelerate geothermal power development, supporting Indonesia’s energy transition goals. The deal covers 19 existing projects (530 MW) and potential expansion to 1,130 MW across key sites like Ulubelu and Lahendong. Backed by USD5.4 bn in potential value, the partnership aims to enhance energy security and clean energy adoption. (Source : Company)