Danantara Signs USD 10 Billion MoU with Saudi Arabia's ACWA Power
Indonesia's sovereign investment management agency Daya Anagata Nusantara (Danantara) has officially signed a Memorandum of Understanding (MoU) with ACWA Power, Saudi Arabia's largest energy company. The agreement carries an investment value of up to USD 10 billion, equivalent to approximately Rp162 trillion.
The signing was conducted by Danantara CEO Rosan Roeslani together with ACWA Power Vice Chairman and Managing Director Raad Al Saady.
"Danantara and Saudi Arabia's largest energy company, ACWA Power, have signed a strategic partnership MoU with a total value of USD 10 billion, or approximately Rp162 trillion," Rosan said via his personal Instagram account on Thursday, 3 July 2025.
Rosan further explained that the collaboration aims to support the development of renewable energy in Indonesia.
"This agreement strengthens the strategic partnership between the two nations, drives innovation and investment in the energy sector, and supports the net zero emissions 2060 vision," he stated.
ACWA Power, a Saudi Arabian company, has more than 55GW of experience in the development, construction and operation of clean power generation, water desalination, and green hydrogen projects worldwide.
The signing was conducted by Danantara CEO Rosan Roeslani together with ACWA Power Vice Chairman and Managing Director Raad Al Saady.
"Danantara and Saudi Arabia's largest energy company, ACWA Power, have signed a strategic partnership MoU with a total value of USD 10 billion, or approximately Rp162 trillion," Rosan said via his personal Instagram account on Thursday, 3 July 2025.
Rosan further explained that the collaboration aims to support the development of renewable energy in Indonesia.
"This agreement strengthens the strategic partnership between the two nations, drives innovation and investment in the energy sector, and supports the net zero emissions 2060 vision," he stated.
ACWA Power, a Saudi Arabian company, has more than 55GW of experience in the development, construction and operation of clean power generation, water desalination, and green hydrogen projects worldwide.