AEP has announced that it is exploring an IPO on the Indonesian stock market of its Kalimantan assets; this move would allow it to create a more financially efficient vehicle for further expansion in the region. The move would broaden AEP’s local investor base and allow it to use equity as acquisition currency as well as being able to tap less expensive local debt markets. It’s a pragmatic, sensible development and is consistent with AEP’s ethos to be a ‘good corporate citizen’ in all regions in ....
