Background

Delivering innovative financing and project development strategies for sustainable and reliable solutions.

Background
OUR VALUES

Revolves around transformation, innovation, & sustainability.

Mahardika's vision is centered on transformation, innovation, and sustainability. Our team of experts is constantly researching and developing new ways to harness cleaner energy sources, reduce carbon emissions, and promote sustainable practices.

We work closely with our clients to understand their energy requirements and develop tailored solutions that are both cost-effective and sustainable. In addition to its focus on innovation and sustainability, Mahardika is also committed to promoting social responsibility. The company recognizes that its operations have an impact on the communities in which it operates and strives to make a positive contribution to society. Mahardika's objective is to be recognized as the go-to expert in the energy sector, providing innovative solutions that positively impact the environment and society.

The company's commitment to transformation, innovation, and sustainability sets it apart from its competitors and positions it as a leader in the industry.


OUR FOUNDATION

The foundation of our platform.

GUIDING PRINCIPLES

Energy, infrastructure, and natural resources are the critical enabler of commerce and enterprise. They are the backbone to Indonesia’s economic growth, poverty alleviation, and the empowerment of individuals. The Constitution of 1945 recognizes the role of the private sector to develop energy resources for the good of the Nation and peoples.


GROWTH

We invest in companies with high development momentum. We develop singular assets into scalable and de-risked platforms, bring the right level of management skills and attention to operational improvements and do that at the right scale and pace. We support management teams on their journey towards sustainable growth by providing institutional leadership and act as a business accelerator.


STRATEGY

We invest equity at scale to deliver buy-and-build strategies. We deploy our world-class specialists to optimize balance sheets resources and finance growth. We share best practice and innovation across our platform and portfolio assets and stimulate learnings across our ecosystem. To deliver on this ambition, we have built an ecosystem of critical enablers including business leaders, thought leaders and seasoned former policy-makers.


OUR TEAM

We innovate together.

Energy Experts. Cross-Sector Partners. Highly Experienced.

Our team comprises energy experts from across the sector, with a wealth of experience in various fields. We are passionate about our work and committed to providing our clients with the best possible service.

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Arthur Simatupang
CO-MANAGING PARTNER

Arthur Simatupang is a prominent figure in the energy and infrastructure sector in Indonesia. He has played a crucial role in transforming the Indonesian Independent Power Producer Association (APLSI) into a think tank that influences government regulations. He has led various energy initiatives, including the development of coal-fired power plants and a mini hydro power plant.

Arthur holds degrees in business administration from Seattle University and master’s degrees from the University of Sydney, Australia.

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Adrian Lembong
CO-MANAGING PARTNER

Adrian Lembong is a highly experienced professional with almost 30 years of experience in various sectors such as chemical, mining, infrastructure, energy, and healthcare. He has held various positions in Adaro, a major mining and energy company, and played a significant role in the development of coal-fired power plants.

Adrian holds a degree in chemical engineering from Karlsruhe University in Germany and has worked on projects in Germany, Mexico, and Indonesia.

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Lukman Adi Prananto
General Manager

Lukman is an energy business development enthusiast, ranging from fossil up to renewable, with more than 15 years of experience in both domestic and international market. Starting his career at Toshiba Power Systems Company, Tokyo, he has experience in developing various projects, including power plant, agriculture, plantation, and several creative financing for infrastructure projects.


Lukman holds degrees in mechanical engineering from Institut Teknologi Bandung and master’s degrees in mechanical engineering (renewable energy) from Tokyo Institute of Technology.

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George Mathew Kartawinata
Business Analyst

George is a recent graduate of FH Aachen University of Applied Sciences, where he majored in Mechanical Engineering with a specialization in Energy Technology. Driven by a strong passion for renewable energy, he began his career as an intern at Adaro Power, contributing to the development of a solar farm project. He then joined Mahardika Energy Partners, where he currently supports a range of projects within the energy sector.