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20240402_BREN_Laporan Informasi dan Fakta Material_31623141.pdf

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 Nomor Surat                           017/BREN/BOD/IV/2024

 Nama Perusahaan                       PT Barito Renewables Energy Tbk.

 Kode Emiten                           BREN

 Lampiran                              1
                                       Penandatanganan perjanjian kredit.
 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                              28 Maret 2024
 Jenis Informasi atau Fakta Material           Penandatanganan perjanjian kredit.
Page 2
Uraian Informasi atau Fakta Material   Pada tanggal 28 Maret 2024, PT Barito Wind Energy ("BWE")
                                       yang merupakan perusahaan terkendali Perseroan yang
                                       dimiliki sebesar 99,99% telah menandatangani Facilities
                                       Agreement dengan PT Bank Negara Indonesia (Persero) Tbk
                                       ("BNI") (selanjutnya disebut sebagai "Perjanjian Fasilitas").

                                       Berikut merupakan informasi-informasi material sehubungan
                                       dengan Perjanjian Fasilitas:

                                       Total Komitmen Fasilitas:
                                       Fasilitas Tranche A adalah setara dalam Rupiah sebesar USD
                                       70.000.000 (dengan menggunakan nilai tukar yang disepakati)
                                       dan Fasilitas Tranche B sebesar USD 40.000.000.

                                       Tanggal Pembayaran Akhir (Final):
                                       Fasilitas Tranche A adalah tanggal yang jatuh 120 bulan
                                       setelah tanggal pertama penggunaan dana (dapat
                                       diperpanjang) dan Fasilitas Tranche B adalah tanggal yang
                                       jatuh 6 bulan setelah tanggal pertama penggunaan dana.

                                       Penggunaan Dana:
                                       Tujuan Perjanjian Fasilitas adalah:
                                       1.      Fasilitas Tranche A untuk membiayai
                                       pengambilalihan PT UPC Sidrap Bayu Energi ("SIDRAP 1")
                                       dan PT UPC Operation and Maintenance Indonesia ("OMI"),
                                       yang sebelumnya telah diungkapkan dalam Laporan Informasi
                                       atau Fakta Material No. 013/BREN/Corps/XII/2023 tanggal 15
                                       Desember 2023.
                                       2.      Fasilitas Tranche B untuk membiayai keperluan
                                       umum perusahaan BWE.

                                       Jaminan yang diberikan:
                                       1.      Gadai saham OMI.
                                       2.      Gadai rekening BWE dan OMI.

                                       Penandatanganan Perjanjian Fasilitas ini:
                                       a.        bukan merupakan Transaksi Afiliasi sebagaimana
                                       dimaksud dalam Peraturan OJK No. 42/POJK.04/2020 tentang
                                       Transaksi Afiliasi dan Transaksi Benturan Kepentingan ("POJK
                                       42") karena BNI bukan merupakan pihak terafiliasi dari
                                       Perseroan atau bukan merupakan pihak terafiliasi dari anggota
                                       direksi, dewan komisaris, pemegang saham utama atau
                                       pengendali dari Perseroan.

                                       b.      bukan merupakan transaksi benturan kepentingan
                                       sebagaimana dimaksud dalam POJK 42.

                                       c.       bukan merupakan Transaksi Material sebagaimana
                                       dimaksud dalam Peraturan OJK No. 17/POJK.04/2020 tentang
                                       Transaksi Material dan Perubahan Kegiatan Usaha ("POJK
                                       17"), karena nilai transaksi adalah sebesar 16,9% dari ekuitas
                                       Perseroan berdasarkan Laporan Keuangan Konsolidasian
                                       Perseroan untuk tahun buku yang berakhir per 31 Desember
                                       2023.

                                       Sehubungan dengan fasilitas yang diterima oleh BWE dari BNI
                                       tersebut, Perseroan juga telah menandatangani Letter of
                                       Support dimana berdasarkan Letter of Support, Perseroan
                                       diminta untuk setiap saat membantu BWE untuk mendanai
                                       kekurangan pemenuhan saldo minimum DSRA (Debt Service
                                       Reserve Account) dan memenuhi kewajiban pembayaran
                                       pokok dan bunga sesuai dengan ketentuan dalam Perjanjian
                                       Fasilitas dan Perseroan diminta untuk memastikan bahwa
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                                               seluruh hasil penjualan saham Perseroan di BWE (dalam hal
                                               terjadi penjualan saham Perseroan di BWE yang
                                               mengakibatkan Perubahan Pengendalian (Debitur)
                                               (sebagaimana didefinisikan dalam Perjanjian Fasilitas)
                                               digunakan untuk pembayaran kewajiban BWE kepada BNI.
                                               Letter of Support di atas bukan merupakan suatu bentuk
                                               penanggungan dari Perseroan kepada BNI.

                                               Selanjutnya, penandatanganan Letter of Support tersebut di
                                               atas merupakan Transaksi Afiliasi sebagaimana dimaksud
                                               dalam POJK 42. Meskipun demikian, berdasarkan Pasal 6
                                               ayat (1.b) dan ayat (2) POJK 42, transaksi tersebut hanya
                                               wajib dilaporkan kepada OJK 2 hari kerja sejak terjadinya
                                               transaksi karena transaksi dilakukan oleh Perseroan untuk
                                               BWE yang sahamnya dimiliki oleh Perseroan sebesar 99,99%.
Dampak kejadian, informasi atau fakta          Dampak dari penandatanganan Perjanjian Fasilitas adalah
material tersebut terhadap kegiatan            bertambahnya kewajiban keuangan Perseroan (secara
operasional, hukum, kondisi keuangan,          konsolidasi). Namun demikian, tidak terdapat dampak
atau kelangsungan usaha Emiten atau            signifikan terhadap kegiatan operasional, hukum, atau
Perusahaan Publik                              kelangsungan usaha Perseroan.



Demikian untuk diketahui.


Hormat Kami,
PT Barito Renewables Energy Tbk.




Merly

Corporate Secretary




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



Nama Pengirim                         Merly

Jabatan                               Corporate Secretary
Tanggal dan Waktu                     02-04-2024 22:37

Lampiran                              1. Pelaporan POJK 31 - FA BNI BWE.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.
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 Letter / Announcement No.           017/BREN/BOD/IV/2024

 Issuer Name                         PT Barito Renewables Energy Tbk.

 Issuer Code                         BREN

 Attachment                          1

 Subject                             The execution of facilities agreement.


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                                28 March 2024

                                              The execution of facilities agreement.
 Type of Material Information or Facts
Page 5
Description of Material Information or   On 28 March 2024, PT Barito Wind Energy ("BWE"), a 99.99%
Facts                                    controlled subsidiary of the Company, has signed Facilities
                                         Agreement with PT Bank Negara Indonesia (Persero) Tbk
                                         ("BNI") (hereinafter shall referred to as "Facilities Agreement").

                                         Below is the material information regarding the Facilities
                                         Agreement:

                                         Total Commitment Facilities:
                                         Tranche A Facility is the agreed IDR equivalent of USD
                                         70,000,000 and Tranche B Facility is USD 40,000,000.

                                         Final Repayment Date:
                                         Tranche A Facility is the date falling 120 months after the initial
                                         utilization date (can be extended) and Tranche B Facility is the
                                         date falling 6 months after the initial utilization date.

                                         Use of Proceeds:
                                         The purposes of the Facilities Agreement are:
                                         1.       Tranche A Facility is to fund the acquisition payment
                                         of PT UPC Sidrap Bayu Energi ("SIDRAP 1") and PT UPC
                                         Operation and Maintenance Indonesia ("OMI"), which
                                         previously have been disclosed based on Report on Material
                                         Information or Facts No. 013/BREN/Corps/XII/2023 dated 15
                                         December 2023.
                                         2.       Tranche B Facility is to fund the general corporate
                                         purposes of BWE.

                                         Security:
                                         1.        Pledge of shares of OMI.
                                         2.        Pledge of account of BWE and OMI.


                                         The execution of the Facilities Agreement:

                                         a.         is not an Affiliate Transaction under OJK Regulation
                                         No. 42/POJK.04/2020 concerning Affiliate Transaction and
                                         Conflict of Interest Transaction ("POJK 42") because BNI is not
                                         an affiliated party of the Company or is not an affiliated party of
                                         members of the board of directors, board of commissioners,
                                         primary or controlling shareholders of the Company.

                                         b.       is not a conflict-of-interest transaction under POJK
                                         42.

                                         c.       is not a Material Transaction OJK Regulation No.
                                         17/POJK.04/2020 concerning Material Transaction and
                                         Changes in Business Activities ("POJK 17"), because the
                                         transaction value is 16.9% of the Company's equity based on
                                         the Consolidated Financial Statement of the Company per 31
                                         December 2023.

                                         In relation to the received facilities by BWE from BNI, the
                                         Company has also signed a Letter of Support in which based
                                         on the pertaining Letter of Support, the Company is requested
                                         at any time to assist BWE to fund shortfall in the minimum
                                         DSRA (Debt Service Reserve Account) balance at all times
                                         and to meet the scheduled repayment of principle and interest
                                         under and pursuant to the terms of the Facilities Agreement
                                         and the Company is requested to ensure that all proceeds
                                         from the sale of the Company's shares in BWE (in the event of
                                         a sale of the Company's shares in BWE which result in a
                                         Change of Control (Borrower) as defined in the Facilities
Page 6
                                               Agreement) are used to repay BWE's obligations to BNI.
                                               The abovementioned Letter of Support is not a form of
                                               guarantee from the Company to BNI.

                                               Furthermore, the signing of Letter of Support above are
                                               constituted as Affiliate Transaction under POJK 42. However,
                                               based on Article 6 paragraph (1.b) and paragraph (2) of POJK
                                               42, these transactions must only be reported to OJK 2
                                               business days since the transactions occurred, because the
                                               transactions are carried out by the Company for BWE which
                                               shares are owned by the Company at 99.99%.
 Impact of event, material information or      The impact of the Facilities Agreement execution is the
 facts towards Issuers or Public               increment of the Company's financial obligations (on a
 Company’s operational activities, legal,      consolidated basis). However, there is no significant impact on
 financial condition, or going concern         the Company's operational, legal or business continuity
                                               activities.


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                         02-04-2024 22:37

Attachment                            1. Pelaporan POJK 31 - FA BNI BWE.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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Names mentioned 6 people and organisations named in the text · linked when the evidence is strong

linked org Barito Renewables Energy Tbk. · Nama Perusahaan p.1 ×36
possible person Merly · Corporate Secretary p.3 ×2
unresolved org PT Barito Wind Energy p.2 ×2
unresolved org PT UPC Sidrap Bayu Energi p.2 ×2
unresolved org PT UPC Operation p.2 ×2

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