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First Gen cements entry into Indonesia
The Philippine Star
|November 01, 2025
Lopez-led First Gen Corp. is powering deeper into Indonesia’s geothermal market after sealing its joint venture with Jakarta-based PT Dian Swastatika Sentosa (DSSA).
This comes after PT FirstGen Geothermal Indonesia, a company under First Gen subsidiary Energy Development Corp. (EDC), signed a shareholders’ agreement with DSSA unit PT DSSR Daya Mas Sakti.
The deal outlines the terms of the partnership agreement signed in August for the planned development and management of geothermal resources with a total potential capacity of 440 megawatts (MW).
This covers six strategic geothermal fields across West Java, Flores, Jambi, West Sumatra and Central Sulawesi.
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