Geo Energy: Signs Term Sheet with Resource Invest AG for Investment in MBJ Integrated Infrastructure Business Valued at US$1.5 Billion

NewTimeSpace News: On May 11, 2026, Geo Energy announced that it has entered into a term sheet with Resource Invest AG, under which ResInvest intends to invest in the MBJ integrated infrastructure business, either directly through shares of MBJ or indirectly through MBJ‘s parent company, at a valuation of US$1.5 billion. The investment amount, percentage holding, and other details will be finalised in the definitive agreement, with an initial investment targeted for the third quarter of 2026 and the remainder targeted for the first quarter of 2027.

According to the announcement, MBJ is the Group’s infrastructure business in South Sumatera, responsible for coal logistics and transportation. The project has achieved nearly 90% construction completion to date and is on track for completion by June or July 2026.

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