Mackenzie Floating Rate Income Fund (MFT)
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Mackenzie Floating Rate Income Fund Profile
| TSX Exchange | Indonesia Country |
Overview
PT Kencana Energi Lestari Tbk is an integrated renewable energy company based in Indonesia, focusing on the generation and supply of renewable energy. Established in 2008, the company has rapidly grown to operate across multiple provinces in Indonesia, including North Sumatra, Bengkulu, South Sulawesi, and the Bangka Belitung Islands. With its headquarters in Jakarta Barat, Indonesia, PT Kencana Energi Lestari Tbk engages in the operation of hydropower plants, biomass power plants, and solar energy power plants, supplemented by its involvement in the power supply business. Catering to both industry and household sectors, the company underscores Indonesia's shift towards sustainable and renewable energy sources.
Products and Services
- Hydropower Plants
PT Kencana Energi Lestari Tbk owns and operates four hydropower plants located in strategic regions of North Sumatra, Bengkulu, and South Sulawesi. These plants utilize the kinetic energy of flowing or falling water to generate electricity, embodying a sustainable and clean energy source that significantly contributes to the company's energy portfolio.
- Biomass Power Plant
The biomass power plant located in West Bangka, Bangka Belitung Islands, signifies the company's investment in converting organic materials into electricity. This plant leverages technology to transform agricultural waste and other biomass materials into usable power, offering a renewable and eco-friendly energy solution.
- Solar Energy Power Plant
Complementing its renewable energy sources, PT Kencana Energi Lestari Tbk operates a solar energy power plant, also located in West Bangka, Bangka Belitung Islands. This facility underscores the company's commitment to harnessing the sun's power to provide clean, renewable, and sustainable energy. Solar power represents a key facet of the company's diverse renewable energy portfolio.
- Power Supply Business
In addition to generating renewable energy, PT Kencana Energi Lestari Tbk is actively involved in the power supply business. This segment of the company focuses on the distribution and supply of electricity generated from its renewable sources to industrial and residential sectors, facilitating the wider adoption of green energy across Indonesia.
