Pertamina NRE Drives Clean Energy Investment Across ASEAN: Stability and Collaboration Key
Jakarta – Pertamina New & Renewable Energy (Pertamina NRE) is accelerating efforts to promote clean energy investment and energy transition collaboration across the ASEAN region. This is being realised through active participation in various regional forums, including the ASEAN Editors and Economic Opinion Leaders Forum 2026 held in the Philippines. Pertamina NRE’s presence at the forum reinforces the company’s commitment to becoming a key player in the region’s energy transformation, aligned with ASEAN’s ambition to increase renewable energy mix through 2050.
Pertamina NRE CEO John Anis emphasised that political stability and regulatory certainty are the primary foundations for investment decision-making in the new renewable energy (EBT) sector. This sector requires substantial capital investment with relatively long payback periods. Therefore, investors require assurance that their investments will be protected and deliver sustainable returns.
“Beyond financial viability, geopolitical stability, policy consistency, legal certainty, transparent governance, and policy coherence are determining factors,” John Anis stated in written remarks, highlighting the importance of a conducive investment environment.
This statement was delivered by John Anis at a forum organised by the ASEAN Committee on Business and Investment Promotion (CBIP) together with the Philippines’ Department of Trade and Industry. The forum served as an important platform for stakeholders to exchange views and seek solutions to challenges and opportunities in energy transition across the ASEAN region.
ASEAN: A Strategic Region for Energy Transition Investment
John Anis assessed that ASEAN’s economic prospects remain highly promising, particularly as member nations pursue increased renewable energy mix targets. This makes the region increasingly strategic for energy transition investment. However, he emphasised that regulatory harmonisation among member states is crucial for creating a more integrated and competitive business climate.
“Regulatory harmonisation will reduce investment barriers, improve efficiency, and drive innovation in the EBT sector,” explained John Anis.
Pertamina NRE, as part of the Pertamina Group, is committed to implementing a disciplined and measured investment approach. Each project is evaluated considering risk-based returns, including country risk premiums and sectoral risks, as well as stress testing against various geopolitical and macroeconomic scenarios. This approach ensures that investments truly deliver added value and sustainability.
Benefits of Foreign Investment for Indonesia
John Anis further explained that investment abroad must also benefit Indonesia. Such benefits may include contributions to national energy security, knowledge transfer, and the creation of added value for the domestic economy. Thus, foreign investment benefits not only the company but also delivers positive impacts for the country.
Pertamina NRE’s participation in this ASEAN forum reflects the company’s long-term commitment to the region. Pertamina NRE recognises that energy transition is a collective effort requiring cooperation and collaboration from various parties. Consequently, the company actively establishes partnerships with governments, private sector entities, and international organisations to achieve shared objectives.
Strategic Investment in the Philippines: Pertamina NRE’s Concrete Step
One concrete step Pertamina NRE has taken to support energy transition across ASEAN is its strategic investment in the Philippines through a 20% stake in Citicore Renewable Energy Corporation (CREC). This investment strengthens Pertamina NRE’s position as a partner for large-scale solar project development in the Philippines whilst opening opportunities for cross-border collaboration in renewable energy development.
“Investment in CREC is a strategic step for Pertamina NRE to expand its renewable energy portfolio and contribute to achieving clean energy targets in the Philippines,” said John Anis.
Additionally, Pertamina NRE sees potential in adopting the Philippines’ experience in mandatory biofuel policies for developing a bioethanol ecosystem in Indonesia. This includes regulatory aspects, business models, and investment incentives.
“The Philippines’ experience in bioethanol development can serve as valuable reference for Indonesia in accelerating transition towards cleaner and more sustainable energy,” clarified John Anis.
Long-Term Partnership: The Key to Sustainable Investment
Concluding his remarks, John Anis emphasised that sustainable cross-border investment requires alignment of vision between investors and host nations. Investment is not merely a transaction, but rather a long-term partnership.
“Shared ambition, clear economic opportunities, and motivation to collaborate through technology transfer, local capacity strengthening, and good governance are necessary,” he asserted.
Pertamina NRE remains committed to continuing efforts to create a stable, transparent, and collaborative investment ecosystem across ASEAN, in line with the region’s energy transformation and green investment agenda. The company recognises that energy transition is a long journey requiring commitment and cooperation from all parties.
The Important Role of ASEAN Leaders in Supporting Green Investment
The ASEAN Editors and Economic Opinion Leaders Forum 2026 was attended by prominent figures, including Philippines President Ferdinand R. Marcos Jr., ASEAN Secretary-General Kao Kim Hourn, as well as corporate leaders and global investors. The presence of these leaders demonstrates strong commitment from government and private sector to support energy transition and green investment across the ASEAN region.
President Marcos Jr. emphasised the importance of regional cooperation in achieving clean and sustainable energy objectives. He called for increased commitment from all stakeholders in accelerating the region’s transition towards renewable energy and sustainable development.