Qatar's Nebras Power has agreed to acquire a 35.5 percent stake held by French utility giant Engie in Indonesia's largest independent power producer PT Paiton Energy, Qatar News Agency reported on Saturday. With a 2 gigawatt (GW) capacity, PT Paiton is the largest independent power producer in Indonesia, the report said. Engie currently has a 40.5 percent stake, with the remainder held by Japan's Mitsui, Tokyo Electric Power, and Indonesia's PT Batu Hitam, according to Engie's website.
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