Sovereign fund Danantara Indonesia, Japan’s JBIC agree to jointly finance renewables, power projects

The logo of Japan Bank for International Cooperation (JBIC) is seen at it’s headquarters in Tokyo, Japan June 6, 2016. REUTERS
JAKARTA, July 11 (Reuters) – Sovereign wealth fund Danantara Indonesia said on Friday it had signed a memorandum of understanding with the Japan Bank for International Cooperation to jointly finance renewable energy, water management, and power transmission projects in Indonesia.

Reporting by Stefanno Sulaiman; Editing by Martin Petty

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