FilingReader Intelligence
Kaishan Group acquires full control of Indonesian geothermal project
July 28, 2025 at 06:00 PM UTC•By FilingReader AI
Kaishan Group's Singapore subsidiaries will acquire the remaining 5% stake in SorikMarapi Geothermal Power from PT Supraco Indonesia for $3m cash, giving the Chinese group 100% control of the 240MW Indonesian geothermal project.
The venture reported $100m revenue and $47.3m net assets in 2024.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:300257•Shenzhen Stock Exchange
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