Qatar's Nebras says buys 35.5% stake in Indonesia's PT Paiton Energy
Qatar’s Nebras Power said on Sunday its subsidiary Nebras Power Netherland BV had completed the acquisition of a 35.5 percent stake in Indonesia’s largest independent power producer, PT Paiton Energy. PT Paiton Energy owns a 2,045 MW thermal power plant. Nebras announced the acquisition in a bourse statement. In October, Nebras’ chief executive Khalid Jolo told Reuters the company planned to acquire the stake from France’s Engie […]