What is the latest status of the project “Tolo Wind Park”?

The status recorded for “Tolo Wind Park” is active.

Who are the main government, EPC, and private stakeholders for “Tolo Wind Park”?

Taiyo maps the stakeholders of “Tolo Wind Park”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Tolo Wind Park”?

Taiyo normalizes the budget of “Tolo Wind Park” to USD 160000000.

Where can I verify the source and access all details for “Tolo Wind Park”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/tolo-wind-park-9274). Taiyo standardizes official data into a consistent, searchable project profile.

Tolo Wind Park

Sector: Car parking • Location: Indonesia

Source: World Bank Group

Project

Active

The project involves the construction and operation of a 72-MW wind park in Jeneponto, South Sulawesi, Indonesia. Tolo Wind Park will be build, own and operated by the special purpose vehicle PT Energi Bayu Jeneponto on behalf of the sole sponsor - Equis Energy.

The project has a 30-year power purchase agreement with Perusahaan Listrik Negara, the government-owned electricity distributor. Contrac

Status: Prospective
Sector: Car parking, Wind, Raw Materials, Power Generation (CCGT), Government, Automotive, Commercial
Location: Indonesia
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Tolo Wind Park” is an infrastructure initiative in the Car parking sector, located in Indonesia. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The project involves the construction and operation of a 72-MW wind park in Jeneponto, South Sulawesi, Indonesia. Tolo Wind Park will be build, own and operated by the special purpose vehicle PT Energi Bayu Jeneponto on behalf of the sole sponsor - Equis Energy. The project has a 30-year power purchase agreement with Perusahaan Listrik Negara, the government-owned electricity distributor. Contract was awarded on a license scheme in the attempt of the Indonesian Government to reduce greenhouse gas emissions by prioritizing the use of renewable energy. Siemens was chosen as a EPC contractor. Total investment cost is estimated at around $160 million. Although it was initially announced that OPIC will provide a loan worth $120 million, according to Shearman & Sterling submission, Asian Development Bank was the lender to PT Energi Bayu Jeneponto in the total amount of $120.75 million, split in 3 tranches. The remaining cost will be covered by equity contribution - about $39.25 million. Hence, debt to equity ratio is 75:25. Financial closure occurred on December 16, 2017. Bank submission https://ijglobal.com/data/transaction/36662/tolo-1-wind-farm-72mw Equis Energy to be added to sponsors' list
Original sector	Energy
Budget

Location

Country

Indonesia

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Car parking, Wind, Raw Materials, Power Generation (CCGT), Government, Automotive, Commercial
Article published date	2024-09-27

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Tolo Wind Park

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