A tangible step in supporting national low-emission mobility through 60 electric buses and 18 EV charging stations

Jakarta, July 14, 2025 – PT Kalista Biru Nusantara (KALISTA), a subsidiary of PT Indika Energy Tbk (Indika Energy) focused on building a comprehensive commercial electric vehicle ecosystem in Indonesia, has secured green financing worth IDR 210 billion from PT Bank Mandiri (Persero) Tbk. The funds are allocated to support the operational strengthening of 60 electric buses and 18 EV charging stations (SPKLU) already deployed in Medan as part of accelerating the national energy transition.

This collaboration marks a strategic commitment from both parties to support the energy transition and emission reduction in the transportation sector, while also strengthening the role of the private sector in supporting Indonesia’s Net Zero Emission agenda.

The signing of the refinancing facility agreement was carried out by KALISTA’s President Director, Albert Aulia Ilyas, and a representative from Bank Mandiri’s Corporate Banking Group 3. This financing facility spans a term of up to 9 years from the signing date, reflecting a long-term commitment from both parties to support the transformation of public transportation through the adoption of electric vehicles. The moment was also witnessed by members of management from both sides, including Indika Energy Director Retina Rosabai; Indika Energy Director and KALISTA President Commissioner Deddy Hariyanto; President Director of PT Solusi Mobilitas Indonesia and KALISTA Commissioner Purbaja Pantja; KALISTA Commissioner Alif Sasetyo; KALISTA Business Development Director Yoga Adiwinarto; and Bank Mandiri’s Industry Coverage Group 5 representative.

“By understanding the needs and challenges of consumers in Indonesia, KALISTA aims to provide comprehensive and innovative solutions in accelerating the development of an environmentally friendly commercial EV ecosystem. This refinancing facility falls under green financing, which is one of Bank Mandiri’s initiatives in implementing Environmental, Social, and Governance (ESG) principles. We believe this collaboration is a strategic step toward a stronger and more sustainable green mobility system, while supporting the national energy transition target toward net zero emissions,” said Albert Aulia Ilyas, President Director of KALISTA.

KALISTA’s presence in Indonesia goes beyond being a provider of electric vehicles—it is also expected to act as a catalyst for sustainable mobility and a strategic operational partner for industry players and municipal governments. With an end-to-end approach, KALISTA offers integrated services to ensure a smooth and efficient transition process, assisting sectors such as logistics, mining, plantations, and public transport in shifting toward environmentally friendly commercial EVs. One of the attractive schemes offered is long-term rental, allowing customers to convert large upfront investment needs into more affordable monthly operational expenses.

To ensure smooth implementation, KALISTA also provides comprehensive survey and planning services prior to adoption. The KALISTA team will assess road conditions, potential obstacles, required fleet specifications, and placement of charging infrastructure—enabling customers to operate EVs optimally from day one. Prospective users are also given the opportunity to conduct on-site trials to measure real energy efficiency and emission reduction impact.

To ensure operational continuity post-implementation, KALISTA enhances its service with on-site technical support teams at customer locations, responsible for both regular and non-regular maintenance, ensuring all processes run optimally. KALISTA fleets are also equipped with digital dashboard technology, enabling real-time monitoring of vehicle performance—including energy consumption, cost efficiency, emissions reduction, and driver behavior.

Meanwhile, Bank Mandiri emphasized that this financing initiative is part of its strategy to strengthen its green financing portfolio, aligned with the government’s agenda of encouraging energy transition and decarbonization of the transportation sector. This initiative aligns with Bank Mandiri’s ESG Framework, particularly under the Sustainable Banking pillar. The financing also serves as a tangible form of support from Bank Mandiri toward the growth of a Sustainable Portfolio, in accordance with the Sustainable Finance Business Activities Category (KKUB) under POJK 51/2017, specifically in the eco-friendly transportation sector.

“As a national bank committed to sustainability principles, we recognize the importance of promoting EV adoption—not just as a business move but also as a real contribution to decarbonizing the transportation sector. Our partnership with KALISTA reflects a collaborative approach between the financial and industrial sectors in accelerating the transition to a low-carbon economy,” said the Bank Mandiri representative.

KALISTA and Bank Mandiri believe that transitioning to sustainable transportation requires concrete action and cross-sector collaboration. Through this synergy, both parties invite industry players, local and regional governments, and public service providers to take part in accelerating the shift toward a greener, more efficient, and impactful mobility ecosystem.

ABOUT KALISTA
KALISTA is a fleets-as-a-service (FaaS) company that provides end-to-end solutions by offering a comprehensive ecosystem to simplify the transition to electric vehicles (EVs). KALISTA is committed to accelerating the adoption and transition to commercial electric vehicles and building a sustainable mobility ecosystem.
For more information about KALISTA, please visit: www.kalista.co.id

FOR FURTHER INFORMATION:
Maura Aniasa Rinjani – Marketing Manager, PT Kalista Soter Hastia
www.kalista.co.id;