Alam Energy and UOB Indonesia Collaborate to Support Renewable Energy Financing in Indonesia
PT Alam Energy Renewables (Alam Energy) announced its financing collaboration with PT Bank UOB Indonesia (UOB Indonesia), raising IDR 128 billion to support the development of commercial and industrial (C&I) rooftop solar projects across Indonesia. The collaboration was formalised through the signing ceremony of the financing agreement, attended by Soichiro Nishimori, President Director of Alam Energy along with Harapman Kasan, Wholesale Banking Director of UOB Indonesia.
Comments from representatives of Alam Energy and UOB Indonesia
PT Alam Energy Renewables | Soichiro Nishimori, President Director
This collaboration with UOB Indonesia represents an important step for Alam Energy. The facility supports the continued development of our rooftop solar projects and allows us to expand our capacity to serve customers across Indonesia, while contributing to the country’s long-term emissions reduction targets.
UOB Indonesia | Harapman Kasan, Wholesale Banking Director
We are pleased to collaborate with Alam Energy. This partnership underscores UOB Indonesia’s commitment to advancing sustainable energy solutions for the commercial and industrial sector. Through structured and responsible financing, we support our customers and Indonesia’s transition to a low-carbon economy, aligning with UOB’s net zero commitments by 2050.”
Through this collaboration, Alam Energy and UOB Indonesia aim to support the practical deployment of rooftop solar projects in Indonesia by combining project development expertise with structured financing support, enabling wider adoption of renewable energy solutions by commercial and industrial customers.
Overview
Finance recipient | PT Alam Energy Renewables |
Lender | PT Bank UOB Indonesia |
Finance amount | IDR 128,000,000,000 (approx. JPY 1.2 Billion) |
Purpose of the fund | Cover capital expenditure of Solar PV project installation |
Signing Ceremony
About UOB Indonesia
PT Bank UOB Indonesia (UOB Indonesia) was established in 1956 as a subsidiary of UOB, a leading bank in Asia. It operates a network of 91 branches and 108 ATMs across Indonesia, offering a wide range of financial services for individuals and corporations, including the digital bank “TMRW”. The bank is rated AAA (idn) by Fitch Ratings and is particularly focused on sustainable finance, supporting Indonesia’s transition to a low-carbon economy.
For more details, please visit www.uob.co.id.
About Alam Energy
Established in July 2020, Alam Energy (PT Alam Energy Renewables) is a joint venture between Shizen Energy Inc., Alamport Inc., NiX Group, whose core company is NiX Japan Co., Ltd., Enbio Holdings Inc and Kanematsu Corporation. The company develops rooftop solar rental business in Indonesia.
- Company name: PT Alam Energy Renewables
- Headquarters：Wework Sinarmas MSIG Tower 37th Floor, Jl. Jend. Sudirman Kav. 21, Setiabudi, Jakarta Selatan 12930
- President Director：Soichiro Nishimori
- URL: https://alamenergy.co.id/
Website of shareholder companies
Shizen Energy Inc.: https://www.shizenenergy.net/
Alamport Inc.: https://alamport.net/
NiX Japan Co., Ltd.: https://www.nix-japan.co.jp/
EnBio Holdings, Inc.: https://enbio-holdings.com/
Kanematsu Corporation: https://www.kanematsu.co.jp/
