Geothermal energy-focused Barito Renewables files for IPO in Indonesia: reports

Geothermal energy-focused Barito Renewables files for IPO in Indonesia: reports

FILE PHOTO: A worker wearing a protective mask cleans the floor near an electronic board displaying the stock market index at the Indonesia Stock Exchange (IDX), as the outbreak of the coronavirus disease (COVID-19) continues, in Jakarta, Indonesia, September 8, 2020. REUTERS/Willy Kurniawan

PT Barito Renewables Energy, a unit of the Indonesian conglomerate PT Barito Pacific Tbk, which focuses on geothermal energy, is said to be looking to raise over 1 trillion rupiah ($65 million) in a local IPO this year, according to local media reports.

Edited by: Pramod Mathew

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