Investing.Com are reporting on a release from Reuters that the Indonesia Investment Authority (INA), the country’s Sovereign Wealth Fund, signed an agreement with the Investment Fund for Developing Countries (IFU) of the Kingdom of Denmark for potential joint investments of up to USD 500-million, according to a joint statement published on Tuesday.
The framework agreement will explore investment opportunities in green energy transition and inclusive social development in Indonesia, according to the statement.
INA and IFU aim to provide capital to green and sustainable projects in the range of USD 100-million, respectively, the statement added.
Source: Investing.Com