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  • Press Release
  • 12 June 2024
  • 2244

Prajogo Pangestu Has Once Again Increased His Share Ownership in PT Barito Renewables Energy Tbk

Jakarta, 12 June 2024 – Prajogo Pangestu, Chairman of the Barito Pacific Group, has again increased his share ownership in PT Barito Renewables Energy Tbk (IDX: BREN).
 
The Director and Corporate Secretary of BREN announced the addition of Mr. Prajogo’s share ownership by 10 million shares on 12 June 2024.
 
This increase in ownership marks the second time within a period of two days, after Mr. Prajogo’s previous increase of BREN shares ownership on 10 June 2024.
 
Merly, Director and Corporate Secretary of PT Barito Renewables Energy Tbk, stated, "Mr. Prajogo has strong confidence in BREN and supports the management in delivering its business expansion and business development strategies. We carry out all of these corporate strategies to always support Indonesia in achieving the goal of net zero emissions.”
 

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About Barito Renewables:
Barito Renewables (IDX: BREN) is a leading renewable energy company in Indonesia and the renewable energy unit of Barito Pacific Group, committed to providing clean and sustainable energy solutions. With a strong focus on environmental responsibility and community engagement in its operational areas, BREN plays a crucial role in Indonesia's transition to a greener and more sustainable energy landscape. BREN's subsidiary, Star Energy Geothermal, currently operates geothermal power plants with a total capacity of 886 MW. Through Barito Wind, the company also owns the Sidrap wind power plant in South Sulawesi with a capacity of 75 MW. Visit the company’s website at: https://baritorenewables.co.id.
 
For more information, please contact: corpsec@baritorenewables.co.id