Latham Advises PT DSSR Daya Mas Sakti on Strategic Partnership to Power Indonesia’s Clean Energy Transition
Latham has advised PT DSSR Daya Mas Sakti (DSSR), a subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) part of Sinar Mas, on an agreement to establish a joint venture with PT FirstGen Geothermal Indonesia, a subsidiary of Energy Development Corporation (EDC), part of First Gen Corporation (First Gen). EDC is the largest renewable energy producer in the Philippines.
The agreement marks the beginning of a collaboration aimed at transferring global expertise, enhancing domestic capacity, and unlocking Indonesia’s vast geothermal potential in support of the country’s energy transition agenda.
The Latham team was led by Singapore partner Marcus Lee, with associate Andrew Lee.