AWR Lloyd announces launch of Jakarta office

AWR Lloyd, specialist Asian energy and mining sector advisory firm, announced today that it will formally establish a Jakarta office within the first quarter of 2012.

Alex Wood, Managing Partner & Vice Chairman of AWR Lloyd said:

“Indonesia is the single most important source of financial advisory business from an asset perspective in the energy and mining industries in Asia. AWR Lloyd already has a long trackrecord of assignment work in the country, and we hope to build on that substantially in the coming years with a physical presence in Jakarta.”

AWR LLOYD TRACKRECORD IN INDONESIA TO DATE

As with some other countries in the Asia-Pacific region, AWR Lloyd’s experience in Indonesia to date has revolved to a great extent around coal. AWR Lloyd has advised a large listed coal group on its strategy in the Indonesian coal sector for just over a decade and in 2007 advised a coalmining company on a $2 billion IPO on the Indonesian Stock Exchange. The firm has conducted studies of most of the main coal companies in Indonesia (including PT Bukit Asam, Adaro, ITM, Berau, Bumi, Indika/Kideco and Straits Asia) for a number of different clients and has advised a Southeast Asian power company on potential investments and acquisitions in the thermal coal sector in Sumatra and Kalimantan in recent years.

In the power sector AWR Lloyd has conducted a study of a coal-fired project on Bintan Island for a Korean client. In the oil and gas sector the firm has conducted an asset due diligence review for a Chinese client – and a diesel procurement study for a mining company.