Panax Geothermal Set to Benefit from Indonesian Debt Rating Upgrade (proactiveinvestors - Australia)
Panax Geothermal, based in Brisbane in Queensland, Australia, believes the restoration of Indonesia’s debt rating to investment grade shows its faith in the country’s investment potential has not being misplaced.
The company
plans to bring 3 geothermal power generation projects in Indonesia into production over the coming years and has plans for further investment in the region.
