Sidrap 75MW wind farm

12/1/2017

Project development

Value:

$ 150 million

Status:

Announced

Date:

12/1/2017

Overview:

Sidrap 75MW wind farm.
The project is Indonesia's first wind project to reach financial close. It is located in South Sulawesi.
UPC, AC Energy, Ayala, Overseas Private Investment Corporation and Bank Sumitomo Mitsui Indonesia are financing the project.
The project is part of the Indonesian government’s 2019 35000MW electricity generation programme.

Wai Yee Tsang - Journalist

Jurisdiction:

Indonesia

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy

Firms:

Baker McKenzie Wong & Leow

Party: UPC Renewables (Project developer)

Party: AC Energy Holdings (Project developer)

Hadiputranto Hadinoto & Partners

Party: UPC Renewables (Project developer)

Party: AC Energy Holdings (Project developer)

Lawyer: Luke Devine (retired)

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