May 27, 2026

Impressive solar refinancing deal: SMI Closes $7M

PT Sarana Multi Infrastruktur (SMI) has signed an investment financing agreement worth 125 billion rupiah (about US$7 million) with PT Greenroof Energy Indonesia (GREI) to refinance operational rooftop solar power projects. The deal was signed on May 22 in Jakarta and is part of SMI’s push to support Indonesia’s energy transition and expand green financing for renewable energy projects, particularly in the commercial and industrial sectors.

Sources for the Solar Refinancing Deal

  1. SMI signs US$7mil solar refinancing deal – KLSE Screener
  2. Ringgit closes lower against US dollar amid heightened Middle East tensions – The Star

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