Home » Business » PT Barito Renewables Energy IPO to Boost Assets of Prajogo Pangestu, Wood King of Indonesia

PT Barito Renewables Energy IPO to Boost Assets of Prajogo Pangestu, Wood King of Indonesia

Bisnis.com, JAKARTA – The safe for Prajogo Pangestu, the fourth most beautiful person in Indonesia at the moment, will get thicker. The IPO of PT Barito Renewables Energy (BREN), a subsidiary of PT Barito Pacific Tbk (BRPT) next week has the potential to increase the assets of the figure nicknamed The Wood King.

BREN’s IPO received a very bright spotlight because this company has the status of a full shareholder of Star Energy. Engaged in the geothermal power generation business, aka geothermal, Star Energy is the owner of 38 percent of the energy business market share included in the EBT classification.

Star Energy’s success cannot be separated from the figure of Prajogo. Without capital disbursement, the majority of which comes from its own pockets, it seems impossible for Star Energy to consistently acquire their vital assets in the last dozen years.

2023-09-28 00:00:02
#Supramu #Prajogo #BREN #emerged

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.