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by Legal Desire
9 March 2026

Dentons HPRP advises on landmark US$6 billion integrated EV battery project in Indonesia

Advising firms

Deal team

3 lawyers named
LawyerFirmSeniorityPracticeOffice
Hendra Ong Lead Dentons HPRP Partner Not stated Not stated
Reyner Mulia Dentons HPRP Associate Not stated Not stated
Anissa Astarina Soeranto Dentons HPRP Associate Not stated Not stated

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Stated terms

Stated value
USD 6bn (US$6 billion)
What the figure measures
Total transaction value
Client
State-Owned Enterprise (SOE) groupJoint venture party
Counterparties
PT Antam (Joint venture party)
HYD Investment Limited (Joint venture party)
Zhejiang Huayou Cobalt Co., Ltd. (Joint venture party)
EVE Energy Co., Ltd. (Joint venture party)
PT Daaz Bara Lestari Tbk (Joint venture party)