September 27, 2016 4:30 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of PT Pertamina Geothermal Energy

Company Overview

PT Pertamina Geothermal Energy owns and operates geothermal power plants that provide power in Indonesia. The company was founded in 2006 and is based in Jakarta, Indonesia with geothermal power plants in Kamojang, Lahendong, Sibayak, and Ulubelu, Indonesia. PT Pertamina Geothermal Energy operates as a subsidiary of PT Pertamina (Persero).

Menara Cakrawala lt 11

Jl. MH. Thamrin No.9

Jakarta,  10340

Indonesia

Founded in 2006

Phone:

62 21 7917 3000

Fax:

62 21 7972 177

Key Executives for PT Pertamina Geothermal Energy

Finance Director and Director
Operation Director and Director
Exploration and Development Director and Director
President Director
Compensation as of Fiscal Year 2016.

PT Pertamina Geothermal Energy Key Developments

PLN Expresses Interest In Acquiring Pertamina Geothermal

Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara (PLN) has expressed interest in acquiring 50% stake in PT Pertamina Geothermal Energy (PGE). PLN President and Director Sofyan Basir said that the plan has been approved by the Ministry of State-Owned Enterprises. Pertamina President and Director Dwi Soetjipto said the PGE acquisition discourse depends on the due diligence and feasibility studies processes.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 11, 2016
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