TBS Energi Utama
Energy and Natural Resources, Indonesia
Buyout
Indonesia’s premier integrated energy company with a growing focus on developing clean and renewable energy
TBS Energi Utama is Indonesia’s premier integrated energy company with a growing focus on developing clean and renewable energy. Its business covers power, mining, and plantation. TBS was born following the successful development of three greenfield coal mining assets; the Company then expanded into the power sector by investing in coal-fired power plants projects.
The Company has realized the importance of a common goal globally to have a positive impact on the environment and the community through its business, while generating value for the shareholders and the national economy. In recent years it has moved into clean and renewable energy as it looks into the future, emphasizing on sustainability in its current lines of business while tapping into potential business prospects along its journey.
The Company has over 800 employees (in 2019) and a total concession area of 7,087 hectares consisting of 3 mines located in Sangasanga, Kutai Kartanegara, East Kalimantan. Total reserve and total resource are estimated at 147 million tons and 236 million tons respectively as per the JORC reports of 2011 and 2012.
The 3 mining concessions are operated by 3 subsidiaries:
PT Adimitra Baratama Nusantara (ABN), a thermal coal producer
PT Indomining (IM), a thermal coal producer
PT Trisensa Mineral Utama (TMU), a thermal coal producer
Other directly / indirectly owned subsidiaries:
PT Perkebunan Kaltim Utama I (PKU), a palm oil plantation company
PT Gorontalo Listrik Perdana (GLP), an Independent Power Plant (IPP) company
PT Minahasa Cahaya Lestari (MCL), an Independent Power Plant (IPP) company
PT Batu Hitam Perkasa (BHP), an investment firm in the power sector
PT Bayu Alam Sejahtera (BAS), an Independent Power Plant (IPP) company
PT Adimitra Baratama Niaga, Indonesia, a coal trading company
Adimitra Resources Pte Ltd, Singapore, a coal trading company
PT Adimitra Energi Hidro (AEH), an Independent Power Plant (IPP) company
Board Members
Biography
Graduated from the Faculty of Law of the University of Indonesia in 1975 and obtained an LLM (Master of Laws) from Harvard Law School, USA.
He was the President Commissioner of PT PPA, PT Telekomunikasi Indonesia Tbk, and PT Bursa Efek Indonesia,
He was appointed for the first terms as Commissioner in Toba Bara since 30 March 2012.
Biography
Djamal is an Indonesian and a senior banker in the Asian investment and corporate banking landscape, with over 30 years of experience in leadership roles in the region.
He was previously the Asia Head of Debt Origination and Private Financing at Nomura Singapore and the SE Asia Head of Capital Markets & Treasury Services. He was also Head of Investment Banking for Indonesia at Deutsche Bank. Djamal has also worked in the structured finance space with Citibank, Rabobank. Djamal was instrumental in the early development of Indonesian bond market. He is a cofounder of Lynx.
He was appointed for the first terms as Commissioner in Toba Bara since 26 May 2017
Biography
He holds a Bachelor Degree in Economics from University of Indonesia, Jakarta in 1981, Master of Arts from Duke University, Durham, North Carolina, US in 1987, and Doctoral Degree in Economics from Vanderbilt University, Tennessee, US in 1997.
He was the Independent commissioner of PT. Bank Rakyat Indonesia (Persero) Tbk, commissioner of PT. Indonesia Asahan Alumunium (Persero), PT. Bank Internasional Indonesia Tbk (BNII), and PT. Danareksa (Persero).
Biography
Bambang Brodjonegoro completed his study at Economics Faculty of Universitas Indonesia in 1990. The next year, Bambang studied for a master's degree at the University of Illinois at Urbana–Champaign, United States, continuing on to doctoral program completed in 1997.
He was the Minister of Research and Technology/National Research and Innovation Agency of Republic of Indonesia. Previously, he was the Minister of National Development Planning of Indonesia.
Bacelius Ruru
President Commissioner
Djamal Attamimi
Commissioner
Dr. A. Fuad Rahmany
Independent Commissioner
Prof. Bambang Permadi Soemantri Brodjonegoro, S.E., M.U.P., Ph.D.
Independent Commissioner
Biography
Dicky is an Indonesian with over 20 years of experience in investment banking in Southeast Asia across products including M&A, DCM, private financing and ECM.
He was previously the Joint Head of Investment Banking & Financing for Indonesia at Nomura and Co-Head of Capital Markets for Indonesia at Deutsche Bank. Prior to that, he was with Merrill Lynch and PT Anugra Capital. Dicky is a cofounder of Lynx.
Dicky holds a BSc from University of Michigan, Ann Arbor, and an MSc in Financial Engineering from Columbia University, New York.
Dicky Yordan
President Director
Biography
Pandu Patria Sjahrir earned BA Degree from the University of Chicago, United States and Master of Business Administration from Stanford Graduate School of Business, United States.
Prior to joining PT Toba Bara Sejahtra Tbk, He served as a Senior Analyst with specialization in the energy and mining sectors in Matlin Patterson from 2007 to 2010, as Principal at Byun & Co, Alternative Energy Fund Asia (2002-2005) and as an Analyst at Lehman Brothers (2001-2002).
He was first appointed as a Director of PT Toba Bara Sejahtra Tbk since October 1, 2010
Pandu Patria Sjahrir
Vice President Director
Biography
Alvin Sunanda got his BSc – Accounting & Finance from Philippines Christian University, Manila, Philippines.
Prior to joining the Company, he served as Assistant Manager of Corporate Finance at PT Daiwa Indonesia Securities since 1994 until 1995, as Strategic Planning Manager at PT Pepsi Cola Indobeverages from 1996 to 1998. From 1999 to 2000, He was appointed as Corporate Finance Manager & Corporate Secretary at PT British American Tobacco Tbk. From 2000 to 2005 he served as Finance Director at PT KhasanahTimur Indonesia and as Director at PT Bramadi Capital Asia from 2005 to 2007. From 2008 to 2010 he served as Finance Director at PT Interex Sacra Raya/PT Tunas Muda Jaya and since 2010 to 2016.
He was first appointed as Independent Director of PT Toba Bara Sejahtra Tbk since 31 October 2016
Alvin F. Sunanda
Director
Biography
Teguh Alamsyah earned Bachelor of Mining Engineering, from Institute Technology Bandung in 1998.
He started his career in PT Kaltim Prima Coal since 1998 – 2007 with the latest position as Production Superintendent. In 2007 – 2008, he seves as Coordinator Engineering in PT Bukit Makmur Mandiri Utama. In 2008 – 2012 he joined PT Servo Mining Contractor, Servo Buana Resources Group as Director of Operation. In 2012 – 2013 he serves as General Manager of PT Prima Multi Trada. In 2013 – 2014 he serves as General Manager of PT Indomining, a subsidiary of PT Toba Bara Sejahtra Tbk and in 2014 he was transferred to PT Trisensa Mineral Utama, also a subsidiary of PT Toba Bara Sejahtra Tbk as a Director of Operation
He was first appointed as Director of PT Toba Bara Sejahtra Tbk on 15 May 2019
Teguh Alamsyah
Director
Biography
Graduated from the Faculty of Law of the University of Indonesia in 1975 and obtained an LLM (Master of Laws) from Harvard Law School, USA.
He was the President Commissioner of PT PPA, PT Telekomunikasi Indonesia Tbk, and PT Bursa Efek Indonesia,
He was appointed for the first terms as Commissioner in Toba Bara since 30 March 2012.
Bacelius Ruru
President Commissioner
Biography
Djamal is an Indonesian and a senior banker in the Asian investment and corporate banking landscape, with over 30 years of experience in leadership roles in the region.
He was previously the Asia Head of Debt Origination and Private Financing at Nomura Singapore and the SE Asia Head of Capital Markets & Treasury Services. He was also Head of Investment Banking for Indonesia at Deutsche Bank. Djamal has also worked in the structured finance space with Citibank, Rabobank. Djamal was instrumental in the early development of Indonesian bond market. He is a cofounder of Lynx.
He was appointed for the first terms as Commissioner in Toba Bara since 26 May 2017
Djamal Attamimi
Commissioner
Biography
He holds a Bachelor Degree in Economics from University of Indonesia, Jakarta in 1981, Master of Arts from Duke University, Durham, North Carolina, US in 1987, and Doctoral Degree in Economics from Vanderbilt University, Tennessee, US in 1997.
He was the Independent commissioner of PT. Bank Rakyat Indonesia (Persero) Tbk, commissioner of PT. Indonesia Asahan Alumunium (Persero), PT. Bank Internasional Indonesia Tbk (BNII), and PT. Danareksa (Persero).
Dr. A. Fuad Rahmany
Independent Commissioner
Biography
Bambang Brodjonegoro completed his study at Economics Faculty of Universitas Indonesia in 1990. The next year, Bambang studied for a master's degree at the University of Illinois at Urbana–Champaign, United States, continuing on to doctoral program completed in 1997.
He was the Minister of Research and Technology/National Research and Innovation Agency of Republic of Indonesia. Previously, he was the Minister of National Development Planning of Indonesia.
Prof. Bambang Permadi Soemantri Brodjonegoro, S.E., M.U.P., Ph.D.
Independent Commissioner
Biography
Dicky is an Indonesian with over 20 years of experience in investment banking in Southeast Asia across products including M&A, DCM, private financing and ECM.
He was previously the Joint Head of Investment Banking & Financing for Indonesia at Nomura and Co-Head of Capital Markets for Indonesia at Deutsche Bank. Prior to that, he was with Merrill Lynch and PT Anugra Capital. Dicky is a cofounder of Lynx.
Dicky holds a BSc from University of Michigan, Ann Arbor, and an MSc in Financial Engineering from Columbia University, New York.
Dicky Yordan
President Director
Biography
Pandu Patria Sjahrir earned BA Degree from the University of Chicago, United States and Master of Business Administration from Stanford Graduate School of Business, United States.
Prior to joining PT Toba Bara Sejahtra Tbk, He served as a Senior Analyst with specialization in the energy and mining sectors in Matlin Patterson from 2007 to 2010, as Principal at Byun & Co, Alternative Energy Fund Asia (2002-2005) and as an Analyst at Lehman Brothers (2001-2002).
He was first appointed as a Director of PT Toba Bara Sejahtra Tbk since October 1, 2010
Pandu Patria Sjahrir
Vice President Director
Biography
Alvin Sunanda got his BSc – Accounting & Finance from Philippines Christian University, Manila, Philippines.
Prior to joining the Company, he served as Assistant Manager of Corporate Finance at PT Daiwa Indonesia Securities since 1994 until 1995, as Strategic Planning Manager at PT Pepsi Cola Indobeverages from 1996 to 1998. From 1999 to 2000, He was appointed as Corporate Finance Manager & Corporate Secretary at PT British American Tobacco Tbk. From 2000 to 2005 he served as Finance Director at PT KhasanahTimur Indonesia and as Director at PT Bramadi Capital Asia from 2005 to 2007. From 2008 to 2010 he served as Finance Director at PT Interex Sacra Raya/PT Tunas Muda Jaya and since 2010 to 2016.
He was first appointed as Independent Director of PT Toba Bara Sejahtra Tbk since 31 October 2016
Alvin F. Sunanda
Director
Biography
Teguh Alamsyah earned Bachelor of Mining Engineering, from Institute Technology Bandung in 1998.
He started his career in PT Kaltim Prima Coal since 1998 – 2007 with the latest position as Production Superintendent. In 2007 – 2008, he seves as Coordinator Engineering in PT Bukit Makmur Mandiri Utama. In 2008 – 2012 he joined PT Servo Mining Contractor, Servo Buana Resources Group as Director of Operation. In 2012 – 2013 he serves as General Manager of PT Prima Multi Trada. In 2013 – 2014 he serves as General Manager of PT Indomining, a subsidiary of PT Toba Bara Sejahtra Tbk and in 2014 he was transferred to PT Trisensa Mineral Utama, also a subsidiary of PT Toba Bara Sejahtra Tbk as a Director of Operation
He was first appointed as Director of PT Toba Bara Sejahtra Tbk on 15 May 2019
Teguh Alamsyah
Director
Portfolio Companies
