PT Exploitasi Energi Indonesia Tbk (JKSE:CNKO) agreed to acquire 51% of PT Pembangkit Listrik Kerambil and 51% of PT Pembangkit Listrik Induring and 51% of PT Pembangkit Listrik Muaro Sako from PT Bergonia Pratama for IDR 23 billion on June 26, 2012. In related transactions, PT Exploitasi Energi Indonesia Tbk agreed to acquire 51% stake in PT Sangsaka Hidro Selebes for IDR 50 billion and 51% stake in PT Sangsaka Hidro Barat for IDR 20 billion. PT Exploitasi Energi will use self-financing to fund the acquisition. The acquisition will be implemented after PT Exploitasi Energi has completed the due diligence process.

PT Exploitasi Energi Indonesia Tbk (JKSE:CNKO) cancelled the acquisition of 51% of PT Pembangkit Listrik Kerambil and 51% of PT Pembangkit Listrik Induring and 51% of PT Pembangkit Listrik Muaro Sako from PT Bergonia Pratama on June 26, 2013.