Client Alerts
27 July 2025
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Our lawyers are trusted advisors to state-owned enterprises, global investors, international law firms, and major private sector groups operating across Indonesia’s most regulated and capital-intensive sectors.
Corra Legal's partners are distinguished by their role in some of Indonesia’s most consequential transactions.
Our partners led the USD 21 billion restructuring of PT PLN (Persero), involving the legal transfer of 21,352 MW of generation assets and the establishment of four subholding companies. The transaction required coordination with 12 ministries and government institutions, spanning tax, licensing, regulatory harmonization, and stakeholder communications with hundreds of creditors and third parties. Our partners supported its execution with institutional rigor and strict adherence to governance principles, ensuring continuity of operations while mitigating corruption risks that remain a significant concern in state-owned enterprise transactions.
Their expertise spans landmark mergers and acquisitions, strategic joint ventures, and cross-border regulatory compliance, with a notable focus on energy, technology, and automotive sectors. Noteworthy transactions include advising PLN Indonesia Power in the procurement of 1,055 MW of renewable energy under the Hijaunesia 2023 initiative, and regularly represents global and regional investors in joint ventures across the EV battery supply chain, industrial park development, smelter operations, and other nationally strategic sectors. In addition to their work in M&A and joint ventures, Corra Legal’s partners are seasoned experts in banking, finance, and project finance. They have advised on multibillion-dollar project financing and significant debt restructurings, including representing PT Intan Baruprana Finance Tbk in the proposed restructuring of loans with an estimated aggregate amount of Rp1 trillion.
Clients rely on Corra Legal for strategic clarity, practical execution, and deep regulatory familiarity. Our ability to deliver commercially sound, technically precise solutions makes us a trusted partner for complex mandates — from project development and cross-border M&A to regulatory compliance and dispute resolution.