Sriwijaya Capital invests US$20M in Indonesian Solar Energy developer SESNA

Southeast Asia–focused venture capital firm Sriwijaya Capital has invested up to US$20 million (approximately Rp335 billion) to the renewable energy company, PT Sumber Energi Surya Nusantara (SESNA), marking the firm’s entry into Indonesia’s renewable energy sector.

The investment supports SESNA’s portfolio of solar power projects and reflects growing confidence in Indonesia’s energy transition agenda.

Founder and Chairman of Sriwijaya Capital, Arsjad Rasjid, said the move demonstrates the company’s belief in the country’s decarbonization momentum as well as SESNA’s proven execution capabilities.

“SESNA is one of Indonesia’s leading renewable energy players, with a strong track record in project delivery that aligns with our conviction in Southeast Asia’s decarbonization opportunities,” Arsjad said in an official statement, as quoted by Ecobiz.Asia, on Tuesday, January 27, 2026

Scalable renewable platform

Sriwijaya Capital President Director, Hartanto Tjitra, described SESNA as a scalable renewable energy platform supported by solid commercial fundamentals.

“SESNA has demonstrated exceptional capability and discipline in executing renewable energy projects. We are committed to working closely with the management team to expand operations and unlock long-term value,” Hartanto said on Tuesday.

Meanwhile, SESNA President Director, Rico Syah Alam, said that the partnership would significantly enhance the company’s capacity to deliver large-scale solar projects across Indonesia.

“The strategic capital and institutional network provided by Sriwijaya Capital will accelerate our ability to scale renewable energy solutions, while maintaining strong fundamentals and disciplined execution,” Rico cited.