JAKARTA - PT Indonesia Infrastructure Finance (IIF) signed a Guarantee Facility Agreement with PT Arkora Hydro Tbk on May 20, 2026 to support the issuance of the 2026 Environmentally Conscious Sustainable Ijarah Sukuk I Year of Arkora Hydro.
Through this agreement, IIF provides guarantee facilities of up to IDR 645 billion. The facility aims to strengthen the credit profile of sukuk and increase investor confidence in green financing instruments in Indonesia.
"This cooperation reflects IIF's commitment to encouraging Indonesia's energy transition through the provision of credible green financing instruments. Our long-term collaboration with Arkora Hydro shows how strategic financing can accelerate the development of renewable energy projects," said President Director/CEO of IIF, Rizki Pribadi Hasan, in a statement, Monday, May 25.
IIF and Arkora Hydro have been working together since 2019 in financing a number of hydropower projects in Indonesia, including the issuance of the company's green bonds in 2023. This ongoing cooperation reflects IIF's consistent role in supporting the development of renewable energy assets in the country.
As a catalyst for infrastructure development, IIF plays a complementary role with the financial industry to expand financing to various infrastructure sectors. At the beginning of this year, IIF has channeled financing for projects in the health and port sectors. Currently, IIF's transaction pipeline also includes the telecommunications and digital infrastructure sectors.
Through this role, IIF also supports the growth and deepening of the Indonesian capital market by enabling credible and bankable projects to access a wider source of funding.
Through this collaboration, IIF aims to strengthen partnerships in renewable energy financing and encourage greater financial market participation in Indonesia's sustainable infrastructure agenda.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
