Kanematsu Corporation Acquires 25% Stake in Indonesia’s Alam Energy to Boost Rooftop Solar Expansion
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Kanematsu Corporation has acquired a 25% stake in PT Alam Energy Indonesia, a leader in the country's rooftop solar sector. The investment was made through a share allotment and transfer agreement with existing shareholders. Following the acquisition, Shizen Energy Group holds 38.25%, Alam Nix Renewables 36.75%, and Kanematsu 25%. This move aims to enhance AEI's expansion and support Indonesia's sustainability goals, particularly in decarbonization efforts for corporate clients, especially Japanese firms operating in the region.
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