Sidrap Wind Farm Wins ‘Smart Project’ Award in PFI’s Asia Best Practice Citations




AC Energy and UPC Renewables’ Sidrap wind farm project in South Sulawesi, Indonesia was included as ‘Smart Project’ in the Asia Best Practices Citations list of Project Finance International (PFI).

The 75MW wind farm project in South Sulawesi, estimated to cost US$150 million, is being developed via SPV UPC Sidrap Bayu Energi, and will be Indonesia’s first utility-scale wind farm once completed in 2018.

PFI, a leading source of global project finance intelligence, reports on the entire life cycles of deals, from the initial plans to post-completion analysis. Project finance professionals around the globe use PFI’s deal analysis to identify opportunities and track their competitors.