Geo Energy locks in $1.90b valuation for coal infrastructure unit with ResInvest deal
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Geo Energy Resources Limited has signed a binding term sheet with ResInvest to invest in its PT Marga Bara Jaya subsidiary, valuing it at $1.90 billion. The investment will occur in two tranches, with the first expected in Q3 2026. The infrastructure includes a 92-kilometre hauling road and jetty, capable of handling 50 million tonnes of coal annually, potentially generating $380.61 million in EBITDA. Additionally, a marketing joint venture will be formed to enhance coal sales. Further announcements will follow upon signing the definitive agreement.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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