Kanematsu Acquires 25% Stake in Indonesian Renewable Energy Firm Alam Energy
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Kanematsu Corporation has acquired a 25% stake in PT Alam Energy Indonesia, a rooftop solar power provider. The investment was made through new shares and a share transfer agreement with existing shareholders, Shizen Energy Group and Alam Nix Renewables. Post-transaction, Shizen holds 38.25%, ANR 36.75%, and Kanematsu 25%. This partnership aims to enhance AEI’s rooftop solar business and support Indonesia’s sustainability goals.
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