◂ Announcements

Feb 10, 2022ACQUISITIONIndonesia, Indonesia

KS Orka acquires seven geothermal concessions in Indonesia from Hitay

KS Orka Renewables Pte. Ltd. signed a Share Purchase Agreement to acquire 100% of Inter Investment Pte. Ltd., which holds seven geothermal concessions in Indonesia, for a total transaction price of $60 million. The acquisition was announced on February 10, 2022.

Value

$60.0M

Status

Announced

Capacity

990 MW resource potential

Productsgeothermal energy

CompaniesKS Orka Renewables acquirer Inter Investment target Hitay Group partner

Sectors#Power Generation Equipment

“KS Orka has acquired seven greenfield geothermal concessions in Indonesia previously held by Inter Investment.”thinkgeoenergy.com

1 source
thinkgeoenergy.comKS Orka to acquire Turkish group’s geothermal portfolio in IndonesiaCarlo CariagaFeb 10, 2022

Summarized from public sources; check the original articles before acting on it.

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