【SMM Flash News】Arkora Hydro’s Kukusan 2 Hydro Plant Starts Operations in Lampung

State-owned financing entity PT Sarana Multi Infrastruktur (PT SMI) plans to issue its "Shelf-Registered Sustainability Bond I Phase II 2026" with an indicative value of Rp300 billion in the first quarter of this year. The proceeds will be used to refinance the Rp465 billion Phase I Series A bonds maturing on July 18, 2026. Management highlighted that the issuance aligns with their 2025 Sustainable Funding Framework, which aims to attract institutional investors with ESG mandates. By utilizing this thematic instrument, PT SMI expects to narrow coupon spreads compared to government bonds while maintaining its top-tier idAAA credit rating.

Indonesian state construction firm PT Waskita Karya (Persero) Tbk. has signed a Memorandum of Understanding (MoU) with Gulf Contracting and Landscaping (GCL) to strengthen its strategic presence in the Middle East. Signed by Waskita’s Head of Operations Division I, Bonie Butar Butar, and GCL CEO Rami Hamad, the agreement aims to leverage Waskita's six decades of experience to capture growing infrastructure opportunities in the region. This partnership marks a key milestone in Waskita’s global expansion strategy, bringing Indonesian engineering expertise to international projects while boosting the company's competitiveness in dynamic foreign construction markets.

PT Investasi Hijau Selaras (HIJAU) and PT Pei Hai International Wiratama Indonesia have officially launched a 1.5 MWp Phase I rooftop solar plant and signed a cooperation agreement for a 2.2 MWp Phase II expansion. Despite challenges from heavy rainfall and logistics delays, Phase I is now operational and expected to cut 30,865 tons of CO₂ emissions over 15 years. Pei Hai, an export-oriented manufacturer, is leveraging this partnership to align with global sustainability standards and reduce long-term energy costs, while HIJAU focuses on industrial-grade reliability and real-time monitoring to support Indonesia’s 2060 Net Zero target.