Khronos Advisory Guides EGCO Group on USD 95 Million Capital Boost in PT Chandra Daya Investasi, Advancing Sustainable Infrastructure in Southeast Asia

Khronos Advisory, in partnership with Mergers Alliance, has advised Electricity Generating Public Company Limited (EGCO Group) on its capital increase in PT Chandra Daya Investasi (CDI Group), a special purpose vehicle of PT Chandra Asri Pacific Tbk (Chandra Asri Group), with a total consideration of USD 95 million. This follows a previous transaction between EGCO and Chandra Asri in 2023.

Chandra Asri Group, a leading provider of energy, chemical, and infrastructure solutions in Southeast Asia, alongside EGCO Group, a prominent Thai power and energy holding company, jointly injected a total of USD 185 million into CDI Group. Of this amount, Chandra Asri Group contributed USD 90 million, while EGCO Group’s share amounted to USD 95 million.

The capital injection underscores EGCO Group’s continued confidence in CDI Group’s long-term growth prospects. It also highlights the companies’ ongoing commitment to building sustainable, high-quality infrastructure platforms across the region. CDI Group will continue to focus on expanding its portfolio of infrastructure assets, driving sustainable growth and creating long-term value in Southeast Asia’s dynamic energy and infrastructure sectors.