Pertamina NRE Reaffirms ASEAN Clean Energy Investment Commitment at Philippine Forum

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Ecobiz.asia – Pertamina New & Renewable Energy (Pertamina NRE) has reiterated its commitment to advancing clean energy investment and strengthening regional collaboration across ASEAN, underscoring the importance of political stability and regulatory certainty to support long-term energy transition projects.

The commitment was conveyed by John Anis, Chief Executive Officer of Pertamina New & Renewable Energy, during a panel discussion titled “Future of Investments Within Our Borders” at the ASEAN Editors and Economic Opinion Leaders Forum 2026 in the Philippines.

The forum, organised by the ASEAN Committee on Business and Investment Promotion in collaboration with the Philippine Department of Trade and Industry, was attended by Philippine President Ferdinand R. Marcos Jr., ASEAN Secretary-General Kao Kim Hourn, as well as corporate leaders and global investors.

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John Anis said clean energy investments are capital-intensive and long-term in nature, making policy consistency and governance reliability critical considerations.

“Clean energy investments require substantial capital expenditure and long payback periods. Beyond financial viability, geopolitical stability, policy consistency, legal certainty, transparent governance, and regulatory reliability are decisive factors,” he said in a statement on Friday (Feb. 27, 2026).

He added that ASEAN’s strong economic growth outlook and ambitious renewable energy targets through 2050 position the region as an attractive destination for energy transition investments, particularly if member states can harmonise regulations to create a more integrated and competitive market.

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As part of the Pertamina Group, Pertamina NRE applies a disciplined investment approach, assessing projects based on risk-adjusted returns, country and sectoral risks, and stress testing under various geopolitical and macroeconomic scenarios. Overseas investments are also evaluated for their strategic value to Indonesia, including contributions to national energy security, technology transfer, and domestic value creation.

Pertamina NRE’s participation in the forum also reflects its regional footprint, including its strategic investment in the Philippines through a 20% stake in Citicore Renewable Energy Corporation, supporting the development of large-scale solar projects and opening avenues for cross-border collaboration.

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In addition, the company views the Philippines’ experience with mandatory biofuel policies as a useful reference for developing Indonesia’s bioethanol ecosystem, particularly in regulatory frameworks, business models, and investment incentives.

Concluding his remarks, John Anis said sustainable cross-border investment requires alignment between investors and host countries. “Investment is not merely a transaction, but a long-term partnership built on shared ambition, clear economic opportunities, and cooperation in technology transfer, local capacity building, and sound governance,” he said. ***

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