Pertamina NRE-MDI Ventures energy fund likely to hit first close at $100m in Q1 2024

Pertamina NRE-MDI Ventures energy fund likely to hit first close at $100m in Q1 2024

Green energy. Photo by Pixabay

Indonesian state-owned firm Pertamina’s renewable energy subsidiary, Pertamina NRE, and Telkom Indonesia’s venture capital arm, MDI Ventures, are likely to achieve the first close of their energy fund at $100 million in the first quarter of next year.

Edited by: Joymitra Rai