Press Releases 29 November 2023
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Alam Energy Receives Financing of IDR 41 billion from PT SMI

PT ATW Alam Hijau (Alam Energy), a joint venture between Shizen Energy Inc. (Shizen Energy), Alamport Inc. and NiX JAPAN Co., Ltd. with the ATW Group which is engaged in the sale and construction of solar power generation equipment in Indonesia, has received financing of IDR 41 billion from PT Sarana Multi Infrastruktur (Persero) ("PT SMI"), an Indonesian financial institution under the auspices of the Republic of Indonesia's Ministry of Finance. Indonesia, for the development, construction and operation of solar power installations for industrial customers in Indonesia. This is one of the first project-based financing carried out by PT SMI for its Commercial & Industry (C&I) solar power plant portfolio. The signing ceremony for the provision of this financing facility was held at the PT SMI office at Sahid Sudirman Center, Jakarta, on November 13 2023. The signing was carried out by Sylvi J. Gani, Director of Financing and Investment of PT SMI and Soichiro Nishimori, President Director of PT ATW Alam Hijau.

“Alam Energy is committed to supporting industrial and commercial customers who need renewable energy and affordable electricity in Indonesia. "This financing will enable producers and other customers in Indonesia to convert a portion of their electricity consumption to renewable energy sources, thereby reducing greenhouse gas emissions from their business operations and contributing to the Indonesian government's goal of becoming carbon neutral by 2060," said Soichiro Nishimori.

PT SMI also supports the acceleration of the energy transition in Indonesia, one of which is through financing facilities provided to Alam Energy. "We are determined to support the development of the renewable energy sector, in this case Rooftop Photovoltaic Solar Panels. "We hope to explore further the potential for financing other solar panel infrastructure in Indonesia," said Sylvi J. Gani.

With this collaboration, both parties can encourage sustainability through the Sustainable Development Goals (SDGs) and climate change mitigation. This partnership aims to facilitate Indonesia's transition from conventional energy sources to renewable and sustainable alternative energy sources. Collaboration between stakeholders is needed to jointly encourage the energy transition in various sectors, including social, environmental, technological and financing.


About Alam Energy (PT ATW Alam Hijau)

Founded in July 2020, Alam Energy is a joint venture between Shizen Energy Inc., NiX Group, whose core companies are NiX Co., Ltd., Alamport Inc., and ATW Group, which is engaged in sales and construction and power generation equipment solar. The company offers rooftop solar rental in Indonesia.


About PT Sarana Multi Infrastruktur (Persero) ("PT SMI")

PT Sarana Multi Infrastruktur (Persero) ("PT SMI") which was founded on February 26 2009 is a State-Owned Enterprise under the coordination of the Ministry of Finance in the form of a Non-Bank Financial Institution (LKBB). PT SMI plays a role and has a mandate as a catalyst for accelerating national development.

PT SMI has various functions and unique products/features to support the acceleration of infrastructure development which not only functions as infrastructure financing but also as an enabler through the implementation of the Government and Business Entity Cooperation (KPBU) scheme which includes various financial institutions, both private and multilateral. PT SMI actively supports the implementation of PPP and encourages the acceleration of infrastructure development in the regions through regional loan products.

PT SMI has three business pillars, namely (1) Financing and Investment, namely financing infrastructure projects, (2) Consulting Services, namely solutions to the needs of professional staff and experts in the infrastructure sector and (3) Project Development, namely assisting the Person in Charge of Cooperation Projects (PJPK) to prepare infrastructure projects.


About Shizen Energy Inc.

Founded in June 2011, with the corporate objective “We act for a blue planet”, the company's business includes developing, financing and managing renewable energy power generation assets using solar power, wind power, small-scale hydroelectric power and biomass. Since 2016, the company has also focused on its international operations, expanding its development and power generation projects in regions such as Southeast Asia and Brazil. In 2019, the company also entered the energy technology business, offering microgrid and VPP construction, intelligent charging and discharging services for electric vehicles, and other services through its self-developed Energy Management System. Shizen Energy Group has been involved in more than 1 GW of renewable energy generation in Japan and overseas.


About NiX JAPAN Co., Ltd.

Founded in April 1979, NiX Group operates globally with 15 Japanese companies and 7 overseas companies, led by infrastructure technology services company NiX JAPAN Co., Ltd, and operates in DX service business, overseas business and energy business (IPP ), including strengthening social infrastructure. Notably, in the power generation business in Indonesia, 2 hydroelectric projects are being operated and developed, mostly by subsidiaries in Indonesia, and there are plans to expand the business in Southeast Asia in the future.


About Alamport Inc.

Founded in March 2015, Alamport operates in the fields of business development, investment, consulting and consulting services to promote renewable energy projects that are aligned with local needs. The company is involved in various renewable energy projects using local natural resources effectively, including solar power, hydro, biomass and biogas. Shizen Energy Inc. is the holder of 20% of Alamport shares.


Further information, please contact:

Shizen Energy Inc. Public Relations Department
e-mail: se-comm@shizenenergy.net

PT Sarana Multi Infrastruktur (Persero) Corporate Secretary
e-mail: corporatesecretary@ptsmi.co.id

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