IFLR1000

Tanjung Jati B 5&6 2000MW Power Project

5/4/2017
Project development
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$ 3.35 billion

Announced

5/4/2017

Overview:

  • The Tanjung Jati B 5&6 2000MW Power Project is an expansion project that concerns two 1000MW ultra super-critical power plants. 
  • Bhumi Jati Power is the project company that will operate and maintain the power plants and supply electricity over a period of 25 years, while Sumitomo Corporation, the Kansai Electric Power Company and United Tractors are the sponsors. 
  • The lender syndicate includes Japan Bank for International Cooperation, Sumitomo Mitsui Banking Corporation, The Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank, Sumitomo Mitsui Trust Bank, Mitsubishi UFJ Trust and Banking Corporation, Oversea-Chinese Banking Corporation and the Norinchukin Bank.

Wai Yee Tsang - Journalist - Asia Pacific

Jurisdiction:

Indonesia

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy

Firms:
ABNR Counsellors at Law

Party: JBIC (Lender)

Party: NEXI - Nippon Export and Investment Insurance (Lender)

Party: Sumitomo Mitsui Banking Corporation (Lender)

Party: The Bank of Tokyo-Mitsubishi UFJ (Lender)

Party: Mizuho Bank (Lender)

Party: Sumitomo Mitsui Trust Bank (Lender)

Party: Mitsubishi UFJ Trust and Banking Corporation (Lender)

Party: Oversea-Chinese Banking Corporation (OCBC) (Lender)

Party: The Norinchukin Bank (Lender)

Latham & Watkins

Party: JBIC (Lender)

Party: NEXI - Nippon Export and Investment Insurance (Lender)

Party: Sumitomo Mitsui Banking Corporation (Lender)

Party: The Bank of Tokyo-Mitsubishi UFJ (Lender)

Party: Mizuho Bank (Lender)

Party: Sumitomo Mitsui Banking Corporation (Lender)

Party: Mitsubishi UFJ Trust and Banking Corporation (Lender)

Party: Oversea-Chinese Banking Corporation (OCBC) (Lender)

Party: The Norinchukin Bank (Lender)

Lawyer: Stephen McWilliams

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