Adaro Andalan (AADI) Disburses US$100.80 Million Loan to Kaltara Power (KPI)

PT Adaro Andalan Indonesia Tbk (AADI) recently announced that it has signed a Loan Agreement, effective from 30 June 2026, providing a loan to PT Kaltara Power Indonesia (KPI) amounting to US$ 100.80 million.

This affiliated transaction carries an interest rate based on the Secured Overnight Financing Rate (SOFR) plus a specific annual percentage, with a maturity date set for 31 December 2033.

The implementation of this loan agreement is part of AADI’s strategy to expand the company’s business operations. AADI also aims to maximise the company’s financial potential and network, which ultimately can generate healthy returns for shareholders.

“This Loan Agreement aims to provide support for KPI’s business activities, including capital expenditure for project development purposes and other uses,” stated AADI Management in an information disclosure on Friday (3/7/2026).

This transaction will provide broader business development support for KPI. Consequently, AADI hopes that this transaction will provide positive value for both parties, supporting the company’s business development objectives and maximising returns in a more effective and efficient manner.

“The company has thoroughly understood KPI’s financial condition and operational needs, ensuring that the loan funds can be used appropriately and in accordance with assessments,” concluded AADI Management.