News

Details of the financial structures of the Sarulla project in Indonesia

Details of the financial structures of the Sarulla project in Indonesia Lake Maninjau crater lake, West Sumatra, Indonesia (source: flickr/ Indrani Soemardjan, creative commons)
Francisco Rojas 24 Jun 2014

In a very detailed and extensive report, Project Finance International delivers a thorough vision of the Sarulla project in Indonesia, the largest geothermal project to date. Key areas such as financing risk and structure are detailed.

As reported by Think Geo Energy last month, the Sarulla project is currently underway for construction. Due to a large increase in the demand for electricity in the coumntry, there is an evident need for electricity and considering the geothermal potential available, the aforementioned project is one of the most ambitious to date.

This particular project envisions to generate just over 320MW of electricity, making it the largest geothermal project in the world. According to Project Finance International, the project is managed by Pertamina Geothermal Energy, a subsidiary of PT Pertamina and enjoys exclusivity to develop, produce, transport and convert electricity in the plant.

(Source: PFI Website, Available at: http://www.pfie.com/attachments.aspx?js=yes&height=auto&width=617&storycode=21144994&attype=P&atcode=244308)
(Source: PFI Website, Available at: http://www.pfie.com/attachments.aspx?js=yes&height=auto&width=617&storycode=21144994&attype=P&atcode=244308)

To see the full digital edition of the PFI Asia Best Practice Report 2014, please click here.

To purchase printed copies or a PDF of this report, please email: gloria.balbastro@thomsonreuters.com

To read the details on the project’s financial disclosure and other relevant material, please follow the link below:

Source:  Project Finance International Website