|Venture Round, 12/2013 |
Standard Chartered Private Equity
Navigat Group (“Navigat” or the “Company”) is Indonesia’s leading distributed power plant developer, owner and operator with 265MW of installed capacity and has other operations in Thailand and Myanmar. Navigat is also the second largest global distributor of General Electric (“GE) Jenbacher power equipment having sold over 1,000MW of units in South East Asia, with the distribution license for these products in Indonesia, Singapore and Thailand. The top holding company is incorporated in Singapore with the Company’s headquarters in Jakarta and substantially all its operations in Indonesia. The Company’s main focus is the distributed gas to power market in South East Asia (“SEA”), and it typically pursues power projects of 5 – 100MW in size. Through its two major divisions, Navigat Energy (GE Jenbacher gas engine equipment sales and service) and MAXPower (IPP, BOOT and Rental projects), Navigat has the ability to fully exploit distributed power opportunities along the value chain from equipment sales, to services, to construction management, to project development and asset ownership.