Indonesia wealth funds to double down on energy transition

INA to boost renewables portfolio; Danantara eyes power grid investment

20250625 nikkei live in Jakarta

Ridha Wirakusumah, CEO of Indonesia Investment Authority, left, and Pandu Sjahrir, chief investment officer of Danantara, speak at the FT & Nikkei Energy Transition Summit: Asia in Jakarta on June 25. (Photos by Dimas Ardian)

ISMI DAMAYANTI

JAKARTA -- Senior executives at Indonesia's two sovereign wealth funds on Wednesday said they will expand investment in clean energy transition projects this year, citing plans ranging from electric vehicle supply chains to power grid upgrades.

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