Indonesian Billionaire Prajogo Pangestu Offers $5 Billion To Buy Philippine Geothermal Company
- Posted on July 16, 2026
- By Forbes
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- 1 min read
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Indonesian Billionaire Prajogo Pangestu Offers $5 Billion To Buy Philippine Geothermal Company
Billionaire Prajogo Pangestu is seeking to buy Energy Development Corp., the largest geothermal company in the Philippines, as the Indonesia energy tycoon expands across Southeast Asia.