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February 12, 2026
Group photo during IIF and FinDev Canada signing ceremony

FinDev Canada commits USD 30 million to PT Indonesia Infrastructure Finance to support low-carbon economic growth in Indonesia

Press Release

Canada’s bilateral development finance institution, FinDev Canada announces the signing of a USD 30 million loan to PT Indonesia Infrastructure Finance (IIF) during the Canada-in-Asia Conference organised by Asia Pacific Foundation of Canada.

Summary of Anticipated Development Impacts

MARKET DEVELOPMENT

  • Improve access to financing for sustainable infrastructure projects: Through its financing and advisory services, IIF supports infrastructure projects across key sectors of the economy, including renewable energy. This transaction is expected to enhance IIF’s capacity to finance new projects, thereby supporting the development of reliable and sustainable energy. 
  • Support job creation: IIF is expected to support project implementation across the infrastructure lifecycle, including construction, operation, and maintenance, contributing to job creation and broader economic activity in Indonesia.

CLIMATE AND NATURE ACTION

Support Indonesia’s transition to low-carbon energy systems

This transaction is expected to contribute to the expansion of renewable energy generation in Indonesia, supporting the country’s long term climate and energy targets

CLIMATE AND NATURE ACTION

  • Support Indonesia’s transition to low-carbon energy systems: Indonesia’s power sector remains heavily reliant on fossil fuels, highlighting the importance of scaling renewable energy solutions. By supporting IIF, this transaction is expected to contribute to the expansion of renewable energy generation in Indonesia, supporting the country’s long term climate and energy targets.
  • Avoid greenhouse gas emissions: Through increased financing for renewable energy projects, IIF is expected to support the deployment of cleaner energy sources and contribute to avoiding greenhouse gas emissions.