Adhitya Nugraha
Adhit advises on M&A, joint ventures and project developments in the energy and infrastructure sectors.
Adhit advises both Indonesian and international clients on their Indonesian investment structuring, cross-border investments, regulatory compliance and transactions – including mergers and acquisitions, joint ventures, and project developments – in the energy, renewables, transport infrastructure, logistics and natural resources sectors. He provides commercially focused legal advice and a solutions-oriented approach to navigating complex regulatory and transactional issues.
Adhit has extensive experience advising sovereign wealth funds, private equity firms, and institutional investors on high-value transactions and projects in Indonesia. He supports clients across the full transaction lifecycle, from foreign investment structuring and regulatory approvals through to execution and post-closing.
Adhit has acted on complex cross-border investments, platform creations and acquisitions, and strategic partnerships across the energy, infrastructure, and resources sectors and is well-versed in the Indonesian regulatory framework and associated licensing requirements, including those relating to state-owned enterprises and public-private partnerships.
Experience & capabilities
Selected matters
- Indonesia Investment Authority (INA) on its investment in the Bakauheni-Terbanggi Besar and Medan-Binjai toll roads in North and South Sumatera with a total enterprise value of ~US$1.3 billion (IJ Investor Transport Acquisition Award Asia Pacific 2023)
- PT Amman Mineral Internasional Tbk on its US$715 million IPO and listing on the IDX, in one of Indonesia’s largest IPOs (IPO Deal of the Year, ALB Indonesia Law Awards 2023)
- Consortium of ADIA, APG and INA on the investment cooperation with Waskita Karya for two sections of the Trans Java Toll Road (Kanci-Pejagan and Pejagan-Pemalang) with a total transaction value in excess of US$1 billion, and in the creation of an Indonesian toll road investment platform (IJ Investor Transport Acquisition Award Asia Pacific 2024)
- A sovereign wealth fund on its investment in a large-scale renewable energy project in Indonesia, covering investment structuring, regulatory considerations, and transaction documentation
- an international logistics and port operator on the acquisition of one of Indonesia’s largest integrated port groups, involving complex due diligence and structuring
Sectors
Background
Adhitya holds a Bachelor of Laws degree from Parahyangan Catholic University in Indonesia. He is fluent in English and a native speaker of Indonesian.
