ESG Investing /
Treasury & Capital Markets
Indonesian solar plant wins backing from European DFIs, StanChart
US$60 million of capital mobilized under JEPT to boost nation’s solar electricity output by 13%
Tom King
1 May 2025
In a boost for Indonesia’s clean energy push, two development finance institutions ( DFIs ), DEG of Germany and Proparco of France, along with London- and Hong Kong-listed bank Standard Chartered, have jointly committed to financing the 92 megawatt-peak Saguling floating solar photovoltaic project.