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20231208_BREN_Laporan Informasi dan Fakta Material_31547821.pdf

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 Nomor Surat                           011/BREN/Corps/XII/2023

 Nama Perusahaan                       PT Barito Renewables Energy Tbk.

 Kode Emiten                           BREN

 Lampiran                              2
                                       Penyampaian Press Release PT Barito Renewables Energy Tbk
 Perihal


Dengan ini kami untuk dan atas nama perusahaan menyampaikan Laporan Informasi atau Fakta Material sebagai
berikut:

 Nama Emiten atau Perusahaan Publik            PT Barito Renewables Energy Tbk.

 Bidang Usaha                                  Aktivitas perusahaan holding



 Telepon                                       (021) 530 6711

 Faksimili                                     (021) 530 6680

 Alamat Surat Elektronik (email)               corpsec@baritorenewables.co.id


 Tanggal Kejadian                              08 Desember 2023
 Jenis Informasi atau Fakta Material           Penyampaian Press Release PT Barito Renewables Energy
                                               Tbk
Page 2
Uraian Informasi atau Fakta Material    Barito Renewables Siap Akuisisi Sidrap Wind dan OMI,
                                        Menambah Portofolio Energi Terbarukan

                                        Jakarta, 8 Desember 2023 - PT Barito Wind Energy, anak
                                        perusahaan Barito Renewables, telah mencapai kesepakatan
                                        secara prinsip (in-principle) hari ini dengan UPC Renewables
                                        Asia Pacific Holdings Pte. Ltd dan ACEN Renewables Pte. Ltd,
                                        membuka jalan untuk akuisisi 100% saham PT UPC Sidrap
                                        Bayu Energy (Sidrap). Terletak di Sulawesi Selatan, Sidrap
                                        adalah pembangkit listrik tenaga angin pertama di Indonesia
                                        dan salah satu yang terbesar di negara ini dengan kapasitas
                                        75 MW. Sebagai bagian dari langkah strategis ini, akuisisi juga
                                        akan mencakup PT Operation and Maintenance Indonesia
                                        (OMI), yang memainkan peran penting dalam mendukung
                                        kegiatan operasional Sidrap.

                                        Semua pihak mengharapkan untuk segera melakukan
                                        transaksi dengan penyelesaian yang diharapkan pada kuartal
                                        pertama 2024, dengan persyaratan dan persetujuan dari
                                        Perusahaan Listrik Negara (PLN) Indonesia. Langkah
                                        signifikan ini menegaskan komitmen Barito Renewables untuk
                                        mendorong solusi energi berkelanjutan dan berkontribusi pada
                                        lanskap energi terbarukan Indonesia.

                                        Hendra Tan, CEO Barito Renewables mengatakan, Kami
                                        sangat senang mengumumkan kesepakatan in-principle
                                        akuisisi strategis ini. Hal ini menandai awal dari jejak langkah
                                        kami di bidang energi terbarukan selain panas bumi yang telah
                                        menjadi bagian integral dari portofolio kami selama puluhan
                                        tahun. Barito Renewables bertekad mendukung perjalanan
                                        Indonesia menuju pencapaian net-zero dan menyediakan
                                        energi bersih baik di dalam Indonesia maupun di luar.

                                        Barito Renewables juga merupakan pemilik dari Star Energy
                                        Geothermal yang mengoperasikan unit-unit Wayang Windu,
                                        Salak, dan Darajat yang terletak di Jawa Barat dengan total
                                        kapasitas terpasang 886 MW.***

Dampak kejadian, informasi atau fakta   -
material tersebut terhadap kegiatan
operasional, hukum, kondisi keuangan,
atau kelangsungan usaha Emiten atau
Perusahaan Publik



Demikian untuk diketahui.


Hormat Kami,
PT Barito Renewables Energy Tbk.




Merly

Corporate Secretary




PT Barito Renewables Energy Tbk.
Wisma Barito Pacific II, Lantai 23,
Page 3
Telepon : (021) 530 6711, Fax : (021) 530 6680, www.baritorenewables.co.id



Nama Pengirim                      Merly

Jabatan                            Corporate Secretary
Tanggal dan Waktu                  08-12-2023 16:24

Lampiran                          1. Indonesian - BREN Press Release.pdf


                                  2. English - BREN Press Release.pdf


 Dokumen ini merupakan dokumen resmi PT Barito Renewables Energy Tbk. yang tidak memerlukan tanda tangan
     karena dihasilkan secara elektronik oleh sistem pelaporan elektronik. PT Barito Renewables Energy Tbk.
                    bertanggung jawab penuh atas informasi yang tertera didalam dokumen ini.
Page 4
Go To Indonesian Page

 Letter / Announcement No.            011/BREN/Corps/XII/2023

 Issuer Name                          PT Barito Renewables Energy Tbk.

 Issuer Code                          BREN

 Attachment                           2

 Subject                              Press Release submission of PT Barito Renewables Energy Tbk


The company hereby announce the Material Information or Facts Report as follows

 Name of Issuer or Public Company             PT Barito Renewables Energy Tbk.

 Business Activities                          Aktivitas perusahaan holding


 Telephone                                    (021) 530 6711

 Faximile                                     (021) 530 6680

 Email Address                                corpsec@baritorenewables.co.id


 Date of Event                                08 December 2023

                                              Press Release submission of PT Barito Renewables Energy
 Type of Material Information or Facts        Tbk

 Description of Material Information or       Barito Renewables Set to Acquire Sidrap Wind and OMI,
 Facts                                        Expanding Renewable Energy Portfolio

                                              Jakarta, 8 December 2023 - PT Barito Wind Energy, a
                                              subsidiary of Barito Renewables, has today reached an in-
                                              principle agreement with UPC Renewables Asia Pacific
                                              Holdings Pte. Ltd and ACEN Renewables International Pte.
                                              Ltd, paving the way for the acquisition of 100% shares in PT
                                              UPC Sidrap Bayu Energy (Sidrap). Located in South Sulawesi,
                                              Sidrap is Indonesia's first wind farm and one of the largest in
                                              the country to date with a capacity of 75 MW. As part of this
                                              strategic move, the acquisition will also encompass PT
                                              Operation and Maintenance Indonesia (OMI), which plays a
                                              crucial role in supporting Sidrap's operational activities.

                                              All parties expect to enter into transactions imminently with
                                              completion expected to occur in the first quarter of 2024,
                                              subject to satisfaction of condition precedents and approval
                                              from Indonesia Electricity Company (PLN). This significant
                                              move underscores Barito Renewables' dedication to fostering
                                              sustainable energy solutions and contributing to Indonesia's
                                              renewable energy landscape.

                                              Hendra Tan, CEO of Barito Renewables said, We are excited
                                              to announce our in-principle agreement on this strategic
                                              acquisition. This marks our inaugural venture into promising
                                              renewable energies beyond geothermal, a sector that has
                                              been integral to our portfolio for decades. Barito Renewables
                                              is steadfast in its commitment to supporting Indonesia's
                                              journey towards achieving the net-zero goal and providing
                                              clean energy for Indonesia and beyond.

                                              Barito Renewables also owns Star Energy Geothermal which
                                              operates Wayang Windu, Salak and Darajat units located in
                                              West Java with a total installed capacity of 886 MW.***
Page 5
 Impact of event, material information or      -
 facts towards Issuers or Public
 Company’s operational activities, legal,
 financial condition, or going concern




Thus to be informed accordingly.


Respectfully,
PT Barito Renewables Energy Tbk.




Merly

Corporate Secretary




PT Barito Renewables Energy Tbk.
Wisma Barito Pacific II, Lantai 23,
Phone : (021) 530 6711, Fax : (021) 530 6680, www.baritorenewables.co.id



Sender Name                           Merly

Function                              Corporate Secretary

Date and Time                         08-12-2023 16:24

Attachment                            1. Indonesian - BREN Press Release.pdf


                                      2. English - BREN Press Release.pdf


    This is an official document of PT Barito Renewables Energy Tbk. that does not require a signature as it was
  generated electronically by the electronic reporting system. PT Barito Renewables Energy Tbk. is fully responsible
                                  for the information contained within this document.

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