Shares of Adaro Energy (ADRO) advanced almost 8% Friday (June 3) as investors responded positively financial closing of the long-delayed Batang coal-fired power plant (CFPP) in Central Java province. The financial closing was marked with the signing of US$2.05 billion loan between PT Bhimasena Power Indonesia (BPI) and the Japan Bank for International Cooperation (JBIC) Friday.To subscribe please click here
