PT HLI Green Power

Karawang EV Battery Manufacturing Project - K-Sure Covered Loan

Borrower(s)
PT HLI Green Power
Industry
Manufacturing & equipment/Manufacturing
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Indonesia

Deal Overview

An export credit untied financing facility for HLI Green Power’s new electric vehicle (EV) battery manufacturing facility in Karawang, Indonesia. This is a landmark development in the market as it is the first EV battery plant in South-East Asia and marks a positive industrial step-up in this...

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Deal Volume
$711m
Financial Close
25/10/2022
Dealmakers
Amos Yoo

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Blake Curtis

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Brian Youn

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DK Lee

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Ha Neul Cho

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Han Sun LIM

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Ho Joon Song

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John Corrin

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Mariko Ishida

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MK Lee

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Philip Y H WONG

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Robert Kim

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Shylene Tan

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WS Noh

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Yo Won Chung

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Byungkoo Kim

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Sources
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Project Deals

Karawang EV Battery Manufacturing Project
$1.18bn
Greenfield
Manufacturing
Asia Pacific
Asia Pacific
Indonesia