Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara, established in 1961 and headquartered in Jakarta, Indonesia, is the state-owned enterprise responsible for electricity distribution and generation across the nation. With a commitment to providing reliable and sustainable energy, PLN operates various power plants and transmission infrastructure to ensure energy accessibility for all Indonesians.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
PT Perusahaan Listrik Negara has an extensive history of bond issuances, starting in 2006, aimed at financing infrastructure development and enhancing its energy services. Notably, in July 2021, PLN issued $1 billion in green bonds, a landmark event that underscored its commitment to sustainable practices. Currently, its bonds yield between 6.5% and 7.0%, positioning them competitively within the industry, especially in light of government initiatives promoting renewable energy and corporate responsibility.