Tag: energy

Oct 2

Barito Renewables to Raise $203 Million in IPO Priced at Top

Article content (Bloomberg) — PT Barito Renewables Energy, owned by Indonesian billionaire Prajogo Pangestu, is poised to raise 3.13 trillion rupiah ($203 million) through an initial public offering in Jakarta, according to a statement published on Monday.  The company, which has Pangestu’s energy firm PT Barito Pacific as its main shareholder, priced the shares at […]
Sep 26

China Considers Charging Users to Compensate Utilities for Building Coal Plants

Breadcrumb Trail Links PMN Business China is considering compensating utilities for all the coal-fired power they’ve built, including plants that are likely to sit idle as Beijing accelerates its transition to clean energy. Author of the article: Bloomberg News Bloomberg News Published Sep 25, 2023  •  3 minute read Join the conversation e3iq3v0drf1odjwungpv4v8s_media_dl_1.png National Bureau […]