Investor Presentaiton
1
KEY MILESTONE: SHARE DISPOSAL OF
POWER PLANTS IN INDONESIA
2
3
YEARS
35EGCO
GROUP
"Wayang Windu" geothermal power plant, Indonesia
Details:
"Wayang Windu" Power Plants
Geothermal
Total installed capacity of 227 MWs
"Salak" geothermal power plant, Indonesia
"Salak" Power Plants
Geothermal
Total installed capacity of 376.8 MWs
On 22 December 2022, Phoenix power B.V. ("PP"), a wholly owned subsidiary of EGCO Group,
announced the success of divesment its entire shares in three geothermal power plants in
Indonesia to Star Energy Group Holding Pte. Ltd. as follows:
1. 20.00% of issued and paid-up ordinary shares in Star Energy Geothermal Pte. Ltd.
("SEG")
2. 30.25% if issued and paid-up ordinary shares in Star Phoenix Geothermal JV B.V. ("SPG")
Subsequently, the transaction was successfully completed on 22 December 2022 with total
consideration of USD 485 million or approximately THB 16,780 million.
Key Objectives:
"Darajat geothermal power plant, Indonesia
"Darajat❞ Power Plants
Geothermal
Total installed capacity of 271 MWs
1. Support new investment opportunities in the
future, especially in renewable and clean energy projects
with high growth potential
2. Enhance financial position to be stronger
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