LPKR Partners with Voltron to Support Clean Energy Through EV Charging Services

Jakarta, 24 August 2023 - PT Lippo Karawaci Tbk. (LPKR), Indonesia’s leading real estate and healthcare platform, and PT Exelly Elektrik Indonesia (Voltron), a top electric vehicle charging network provider in the country, have officially signed a Memorandum of Understanding (MoU) to collaborate on the provision of Electric Vehicle Charging Stations (EVCS/SPKLU) at selected LPKR-developed and managed properties.

The MoU signing took place at Hotel Aryaduta Menteng, Central Jakarta, and was formalized by [President Director of LPKR, Mr. Ketut Budi Wijaya and] Chief Executive Officer of LPKR Real Estate Division, David Iman Santosa, and Voltron Director Abdul Rahman Elly.

As part of the collaboration, Voltron has installed and begun operating EV charging stations at several LPKR-developed and managed properties, including the Lippo Karawaci Township and Integrated Development and its subsidiaries: Fairview and Hillcrest Apartments in Lippo Village, St. Moritz Apartments in West Jakarta, and Nine Residence in Kemang.

The MoU also enables both parties to jointly assess the placement and operation of AC and DC EV charging units across a broader range of LPKR commercial and residential properties. Future installations will integrate with F&B strips and contribute to the expansion of LPKR’s Electric Vehicle (EV) ecosystem.

LPKR President Director Ketut Budi Wijaya emphasized that the provision of EVCS at LPKR properties is both a strategic and integral part of LPKR’s support for the Indonesian Government’s Battery Electric Vehicle Acceleration Program. This initiative aligns with national efforts to build a comprehensive EV ecosystem, enhance energy efficiency, and promote clean, environmentally friendly energy in the transport sector.

Through the Group’s broader ESG framework, “Lippo Untuk Indonesia PASTI” (PASTI: Smart–Green–Prosperous–Resilient–Independent), LPKR is committed to fostering long-term partnerships with stakeholders to advance Indonesia’s sustainability agenda and the relevant United Nations Sustainable Development Goals (UN SDGs).

“This collaboration with Voltron is a concrete implementation of LPKR’s ESG commitment to decarbonization and sustainable living, particularly under the ‘Green (Asri)’ pillar of our ‘Lippo Untuk Indonesia PASTI’ program, which focuses on clean air and the use of renewable energy,” said David Iman Santosa.

Voltron Director Abdul Rahman Elly added, “Voltron is proud to support LPKR’s ESG initiatives by providing EV charging services that ultimately help promote cleaner air and a more environmentally friendly future.”

About PT Lippo Karawaci Tbk. (LPKR)

Listed on the Indonesia Stock Exchange, PT Lippo Karawaci Tbk. (LPKR) is Indonesia’s leading real estate and healthcare platform with a presence in 26 provinces and 56 cities, and total assets of USD 3.2 billion as of December 31, 2022. LPKR’s core businesses include property development, township management, healthcare, retail malls, and hospitality.

As a premier developer and operator of integrated townships with a landbank of 1,407 hectares, LPKR manages urban developments primarily across Java and Sulawesi, including the flagship Lippo Village in Tangerang. Through its two listed subsidiaries, PT Lippo Cikarang Tbk (83.99% ownership) and PT Gowa Makassar Tourism Development Tbk (62.69% ownership), LPKR also manages Lippo Cikarang in Bekasi and Tanjung Bunga in Makassar.

LPKR holds a 58.07% stake in PT Siloam International Hospitals Tbk, Indonesia’s largest private hospital network with 41 hospitals and 66 clinics across 23 provinces. The company also manages 59 malls and holds a 47.29% interest in Lippo Malls Indonesia Retail Trust, a Singapore-listed REIT with SGD 1.7 billion in assets under management. LPKR’s hospitality division operates 10 hotels under the Aryaduta brand, along with a country club and golf course.

About PT Exelly Elektrik Indonesia (Voltron)

Voltron is a national private enterprise officially licensed as an EV charging station operator and IUPTLU (Electric Power Supply Business License) holder, recognized as the leading private sector EVCS provider in Indonesia for two consecutive years. As of today, Voltron has deployed over 150 charging stations and is targeting 500 new installations in 2023, with a long-term goal of reaching 10,000+ stations by 2026.

Voltron operates at scale through B2B and B2G channels, while also expanding B2C opportunities to engage individuals and businesses across Indonesia in the renewable energy sector, specifically in the nationwide provision and operation of EV charging infrastructure.