KAB to Launch Indonesia’s First Greenfield Biogas Project, Enhancing Renewable Energy Expertise

Kinergy Advancement Berhad, formerly known as Kejuruteraan Asastera Berhad and recognized as an APAC 2024 Top 10 Energy Sustainability Solutions Provider, has revealed through its wholly-owned subsidiary, KAB Energy Holdings Sdn Bhd (“KABEH”), a term sheet agreement to acquire the entire equity interest in PT Green Energy Specialist One. This acquisition includes the development of a 4.26MW biogas plant in Aceh, Indonesia.

The proposed acquisition not only includes purchaser exclusivity over the…