PT Aek Simonggo Energy announced a private placement of 1,788 common shares at IDR 1,000,000 per share for gross proceeds of IDR 1,788,000,000 on August 6, 2014. The transaction will involve participation from existing investors Arcadia Energy Trading Pty Ltd, which will invest for 876 shares to retain 49% stake in the company, PT Pembangunan Graha Lestari Indah Tbk, which will invest for 626 shares to retain 35% stake in the company, and PT Investa Hidro Utama, which will invest for 286 shares to retain 16% stake in the company. The registered capital of the company will increase from IDR 5,474,000,000 to IDR 7,262,000,000 upon completion of the transaction.