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Adaro Energy

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PT Adaro Energy (Adaro) is a publicly traded energy company based in Indonesia. Adaro specializes in the production and distribution of Coal GIC Special Investments, a unit of Government of Singapore Investment Corporation (GIC) owns a large stake in the company. Most likely the GIC owns around 10%. 36% of the company is owned by Goldman Sachs, Citigroup, Farallon Capital, the Government of Singapore Investment Corporation and the Kuok Group. The investors took the stake during Adaro IPO in May 2008.

The Government Pension Fund of Norway held a 0.29% stake in the company as of December 31, 2009. The stake is valued at $17,179,237.

Date Ownership Voting Value
December 31, 20090.29%0.29%$17,179,237

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