PT Kencana Energi Lestari Tbk

PT Kencana Energi Lestari Tbk is a leading renewable energy provider in Indonesia, with a focus on hydropower and biomass energy. The company's portfolio includes PT Bangun Tirta Lestari, PT Energi Sakti Sentosa, PT Nagata Dinamika Hidro Madong, and PT Biomassa Energi Jaya, operating various renewable energy plants across the country. Notably, Kencana Energy has secured Power Purchase Agreements (PPAs) with Perusahaan Listrik Negara (PLN), a significant milestone for independent power producers. Currently, the company has entered into four PPAs with PLN, underscoring its strong position in the market. With its stable income stream and experience in renewable energy, Kencana Energy presents a compelling investment opportunity in the energy and renewable energy sectors. Founded in 2008, the company aims to expand its operations to other locations in Sumatra and Sulawesi, signaling further growth potential.