09 Dec 2019

Loan to PT Medco Power Sentral Sumatera

Partners Ibrahim Sjarief Assegaf and Kanya Satwika from Assegaf Hamzah & Partners acted for Asian Development Bank, International Finance Corporation, The Leading Asia’s Private Infrastructure Fund administrated by ADB, MUFG Bank, Ltd., and Sumitomo Mitsui Banking Corporation in its US$222 million loan to PT Medco Power Sentral Sumatera for the development of a 275 MW Riau Combined-Cycle Power Plant (one of the first generation of gas-fired IPPs).