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Pertamina Geothermal (PGEO) went public, and Masdar purchased 6.2 billion shares

01 Mar 2023 10:37

PT Pertamina Geothermal Energy (PGEO), Pertamina's subsidiary engaged in geothermal energy utilization, has finally been listed on the stock exchange. Not waiting too long, Masdar Indonesia Solar Holdings RSC Limited, a member of the Masdar Group based in the United Arab Emirates, purchased 6,209,421 shares of PGEO on Thursday, February 23, immediately claiming a 15% stake.

Pertamina Geothermal (PGEO) went public, and Masdar purchased 6.2 billion shares