Indonesia’s Medco Energi sells 49% stake in geothermal subsidiary

Medco Energi's Sarulla geothermal plant in North Sumatera. Photo: Medco website

Indonesia’s listed energy company Medco Energi Internasional is selling a 49 per cent stake in subsidiary Medco Cahaya Geothermal (MCG) to New York-listed Ormat Geothermal Power for an undisclosed amount, according to a stock exchange filing.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.