PT Pertamina Geothermal Energy Tbk strengthens its commitment to geothermal development by forming a Joint Venture Company called Cahaya Anagata Energy (CAE), collaborating with Chevron New Energies Holdings Indonesia Ltd (Chevron) in developing the Way Ratai Geothermal Working Area (WKP), Lampung.
PT Cahaya Anagata Energy will have a shareholder composition with PT Pertamina Geothermal Energy Tbk holding 40 percent and Chevron holding the remainder, namely 60%.