JAKARTA -- A renewables subsidiary recently set up by Indonesian state-owned energy company Pertamina will invest $500 million in an energy fund that is part of a collaboration with MDI Ventures, state-owned Telkom Indonesia's venture capital arm.
DealStreetAsia
Indonesia's Pertamina to invest $500m in renewable energy fund
State-owned company looking to boost its clean energy portfolio
A sign seen at a Pertamina gas station in Jakarta. The Indonesian state-owned energy company has recently set up a renewables subsidiary. © Reuters
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