Kerta Bumni Teknindo acquisition by Aggreko highlights opportunities to address Indonesia power shortages – Andalas Energy & Power (ADL)

On Wednesday June 14th, Aggreko plc (AGK) announced that it had acquired KBT (Kerta Bumni Teknindo), an Indonesia-based power rental company for a maximum consideration of $32.8m equating to 1 times net asset value.  KBT has around 200MW of diesel and gas contracts on hire with the local utility company PLN, which adds to the 140MW […]