SINGAPORE: Malaysia’s reNIKOLA Holdings is planning to invest over US$240mil (RM1.05bil) to develop 40 compressed biomethane gas projects in Indonesia, the renewable energy company says.
The Kuala Lumpur-headquartered company said its subsidiary PT reNIKOLA Primer Energi planned to develop the projects with PT Perkebunan Nusantara IV, a division of Indonesia’s state-owned agricultural enterprise Perkebunan Nusantara.
