YTL Power International $2 billion acquisition of Tanjung Jati Power

1/7/2015

Private acquisition

Value:

$ 2 billion

Status:

Completed

Date:

1/7/2015

Overview:

YTL Power International has acquired 80% of Tanjung Jati Power for $2 billion.
Tanjung Jati Power Company owns and operates coal based power projects.
YTL Power International is developing a 1320MW Tanjung Jati A coal-fired power plant in West Java that is part of a 30-year power purchase agreement signed by Tanjung Jati Power and Persero.

Katrin Kostadinova - Data analyst

Jurisdiction:

Indonesia

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Indonesia

Industry sector:

Energy

Firms:

ABNR Counsellors at Law

Party: YTL Power International (Acquirer)

Lawyer: Ayik Candrawulan Gunadi

Slaughter and May

Party: YTL Power International (Acquirer)

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