Mitsui to Acquire Xurya Daya Indonesia Parent Company

By Editorial Team 28/09/2022
PLTS atap Xurya Daya
Summary

Mitsui & Co Ltd has signed a share subscription agreement to acquire an interest in Xurya Pte Ltd, the parent company of the Indonesian distributed solar developer for commercial and industrial (C&I) customers PT Xurya Daya Indonesia, subject to the satisfaction of certain conditions under the share subscription agreement, MarketScreener reported.

Mitsui aims to contribute to Xurya's growth and Indonesia's decarbonization and renewable energy development policies by leveraging its expertise in the distributed solar business cultivated in countries all over the world and its extensive networks in Indonesia. Through these efforts, Mitsui will contribute to the realization of an environmentally friendly society.

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