PT Gunung Raja Paksi (GRP)

GRP Indonesia Steel Decarbonization Project - IFC Financing

Industry
Manufacturing/Industrial Equipment
Area of finance
Development Bank Finance
Region
Asia Pacific
Asia Pacific
Countries
Indonesia

Project Overview

IFC has agreed a loan to Indonesian steel producer PT Gunung Raja Paksi (GRP) to advance decarbonisation in Indonesia's steel industry. IFC is providing $60 million Indonesian rupiah equivalent to GRP, which the company plans to use to expand low-carbon flat steel production using Electric Arc...

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Deal Volume
$60m
Dealmakers

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Tranches

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