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Indonesia’s MedcoEnergi Looking for Funding US$150M in 3Q 2020

JAKARTA (TheInsiderStories) - PT Medco Energi Internasional Tbk (IDX: MEDC) seeks a fresh funding US$150 million from the rights issue program in the third quarter (3Q)...

Indonesia’s Medco Prepares Investment US$200M, Streamline the Assets

JAKARTA (TheInsiderStories) - Indonesian conglomeration firm, PT Medco Energi Internasional Tbk (IDX: MEDC), prepared capital expenditure more than US$200 million in this year, said the CEO...

US’s Ormat Buys 49% Shares of Ijen Project from Medco Power

JAKARTA (TheInsiderStories) - Ormat Technologies Inc., (NYSE: ORA), has signed an agreements to acquire 49 percent of the Ijen geothermal project company, which is holding...