SUN Energy Secures IDR 500 Billion Green Funding from PermataBank

Green financing trends or green financing continues to develop as the Indonesian government targets achievement net zero emissions (NZE) in 2060.

The banking industry in Indonesia is also known to be active in promoting green financing efforts through providing credit for the green sector, with the aim of balancing economic, environmental and social aspects.

One of the latest examples is PermataBank which took a significant step by distributing green financing facilities worth IDR 500 billion to SUN Energy.

According to the recipient profile, this facility is intended for the development of solar energy projects in Indonesia. Through the implementation of green financing, PermataBank plays a strategic role in distributing facilities for new renewable energy (EBT) projects.

This is in line with PermataBank's commitment to mitigate climate risks and reduce carbon emissions in its banking activities.

PermataBank's Chief Corporate Banking, Evi Hiswanto, explained that this collaboration with SUN Energy is one of his company's strategic commitments in increasing environmentally friendly financing.

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