JAKARTA, Indonesia, Oct. 6, 2025 /PRNewswire/ -- PT Sarana Multi Infrastruktur (Persero) ("PT SMI" or "the Company") conducted site visit to East Java Province last week to observe the environmentally friendly projects and programs supported by the Company. On Thursday, October 2, PT SMI visited Ijen Geothermal Power Plant in Bondowoso Regency, East Java. President Director of PT SMI, Reynaldi Hermansjah, observed the operation of Ijen Geothermal Power Plant which delivers benefits to the community in the electricity sector. During this site visit, Reynaldi was also accompanied by the Head of the Corporate Secretary Division of PT SMI, Ramona Harimurti, Team Leader of the Sustainable Financing Division, Teddy Wardiana, as well as the Director & Chief Financial Officer of PT Medco Energi Internasional Tbk, Anthony R. Mathias, and the Director and Chief Financial Officer of PT Medco Power Indonesia, Myrta Sri Utami.
PT SMI finances the development of Ijen Geothermal Power Plant amounting to USD 144.9 million, or approximately IDR 2.35 trillion, equivalent to 65% of the total project value. In addition, PT SMI also supports strengthening cross-sector collaboration, including partnerships with international institutions such as the Agence Française de Développement (AFD) through a blended finance scheme via SDG Indonesia One (SIO) platform. Besides AFD, other international donor institutions supporting this project are the Global Green Growth Institute (GGGI) and USAID SINAR, which both provide technical assistance.
PT SMI appreciates the mutual collaboration among all parties. "The Ijen Geothermal Power Plant project is a real example of synergy between development financing and a commitment to environmental preservation. We at PT SMI are always open to collaborate with various parties, including - in this project - with Medco, and also international partners like AFD (Agence Française de Développement). We hope this strategic step will support the achievement of the government's Asta Cita, especially in the New and Renewable Energy sector," said Reynaldi.
Ijen Geothermal Power Plant was recently inaugurated by President Prabowo Subianto on June 26, 2025. This geothermal power plant is one of the strategic projects in the development of New and Renewable Energy in Indonesia. With an initial capacity of 35 Megawatts (MW), Ijen Geothermal Power Plant can support the Java-Bali Electricity System, benefiting over 80,000 households. The operation of Ijen Geothermal Power Plant supports the government's target to increase renewable energy mix from 9% to 23% by 2025, in accordance with the National Medium-Term Development Plan. Additionally, it aligns with Indonesia's goal of achieving Net Zero Emissions by 2060 or sooner, and with global commitments to address climate change. The operation of the jen Geothermal Power Plant has potentially contributing to avoid greenhouse gas emissions of 228,636 to 838,332 tCO₂e/year.
PT SMI's commitment for environmental sustainability is also demonstrated through its Corporate Social and Environmental Responsibility (TJSL) program. On Friday, October 3, PT SMI also visited "Omah Tukik" turtle conservation facility at Cemara Beach, Banyuwangi Regency. On that occasion, PT SMI and the local community also released 40 turtle hatchlings into the open sea. Through this program, PT SMI assists in the construction of sea turtle hatcheries, the revitalization of patrol boats, and the provision of maritime safety equipment. The results are evident in the hatching rate, which exceeds 90 percent, with 1,200 hatchlings released annually. This program also creates livelihood including tour guides, operators, and conservation site managers. A total of 500 local residents are also involved in various activities, from facility construction and marine safety training to education and sea turtle release, and community empowerment for vendors at the conservation site.
"Turtles are one of the important elements in maintaining the ecosystem and biodiversity. This is where PT SMI comes in to help with environmental conservation on the coast of Banyuwangi, through our TJSL program. Besides that, we also hope to increase local community welfare through this program," said Reynaldi.
Ijen Geothermal Power Plant project and Omah Tukik TJSL program reflect the Company's grand vision for building a sustainable Indonesia, where infrastructure progress, environmental preservation, and community welfare go hand in hand. PT SMI emphasizes that future development must be inclusive, environmentally friendly, and long-term oriented.
About PT Sarana Multi Infrastruktur (Persero) ("PT SMI")
PT Sarana Multi Infrastruktur (Persero) ("PT SMI"), established on February 26, 2009, is a State-Owned Enterprise under the coordination of the Ministry of Finance, in the form of a Non-Bank Financial Institution (LKBB). PT SMI plays a role and has a mandate as an agent of sustainable development. PT SMI has 3 business pillars, namely Commercial Financing, Public Financing, and Advisory Service and Project Development.
PT SMI has various functions and unique products/features to support the acceleration of infrastructure development, which not only serves as infrastructure financing but also as an enabler through the implementation of the Government and Business Entity Cooperation (KPBU) scheme involving various financial institutions, both private and multilateral. PT SMI actively supports the implementation of Public Private Partnership (PPP) and encourages the acceleration of infrastructure development in the regions through regional loan products.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Realizing Sustainable Development, PT SMI Monitors Clean Energy Project and CSR Program in East Java
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VICTORIA, Seychelles, May 18, 2026 /PRNewswire/ -- MEXC, a pioneer in 0-fee digital asset trading, has completed a comprehensive AI product upgrade with the official launch of the industry's first fully free and open trading agent: AI Strategy. This marks the evolution of MEXC AI from a decision-support tool into an autonomous trading agent capable of understanding user intent and independently executing trades, creating a complete end-to-end trading workflow.
In traditional trading, every step, from identifying opportunities to executing trades, requires manual involvement, making the process both time-consuming and highly susceptible to emotional decision-making. MEXC AI Strategy redefines this workflow. Users simply express their ideas, while the AI handles intent analysis, strategy generation, continuous market monitoring, and automated execution. MEXC AI Strategy offers three key highlights:
Generate Complex Strategies with Natural Language
Users no longer need quantitative trading expertise or coding skills. By simply chatting with MEXC AI, they can create personalized trading strategies tailored to their own preferences. The system supports not only common technical indicators, but also complex conditional strategies across multiple platforms and data sources. For example, users can set instructions such as: "Go long when ETH breaks out of a bilateral pattern, with an 8% take-profit target," or "Go long when Elon Musk posts on X and the token price rises." The AI can automatically understand the intent and generate the corresponding strategy.
Real-Time Social Media Monitoring to Capture Opportunities Faster
In news-driven markets, information asymmetry often determines profit and loss. MEXC AI Strategy can monitor real-time signals from social platforms such as X, continuously tracking influential figures and market sentiment. Strategies can be triggered within seconds after relevant events occur, helping users seize market opportunities at the earliest possible moment.
24/7 Automated Market Monitoring, Free for Everyone
Powered by integration with leading AI models, MEXC AI Strategy continuously monitors and executes trades around the clock, allowing users to stay active in the market without constantly watching charts. The feature is also fully open and free to use, enabling anyone to access AI-powered automated trading with zero barriers to entry.
For detailed guides and FAQs, please visit MEXC Learn.
With this latest upgrade, the MEXC AI product ecosystem has become even more comprehensive. The platform's Smart Chart displays AI-powered price predictions, probability-of-rise indicators, and upcoming event alerts directly beneath candlestick charts, transforming market analysis that users previously had to piece together themselves into structured, actionable insights. The AI Consultant provides personalized recommendations based on users' actual portfolio positions, while AI Strategy converts users' market views directly into executable strategies and automated orders. Together, the three features cover the complete trading workflow: from discovery to analysis and finally to execution.
Vugar Usi, CEO of MEXC, said:
"Zero-fee trading removed the cost barrier to trading, while MEXC AI is removing an even more critical barrier: execution. While much of the industry focuses AI capabilities on professional infrastructure, MEXC has chosen to start from the real workflows of everyday traders, truly understanding user intent and helping them execute more efficiently. The goal of MEXC AI is to ensure that every opportunity users recognize can actually be captured, delivering on our promise of "Infinite Opportunities."
In the first quarter of 2026, MEXC AI-related features recorded approximately 140,000 daily active users, while cumulative quarterly active users surpassed 1.04 million, reflecting growing market demand for AI-powered trading assistance tools. Users can now log in through the official MEXC website or app to experience the latest MEXC AI landing page.
About MEXC
MEXC is the world's fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
VICTORIA, Seychelles, May 18, 2026 /PRNewswire/ -- MEXC, a pioneer in 0-fee digital asset trading, has completed a comprehensive AI product upgrade with the official launch of the industry's first fully free and open trading agent: AI Strategy. This marks the evolution of MEXC AI from a decision-support tool into an autonomous trading agent capable of understanding user intent and independently executing trades, creating a complete end-to-end trading workflow.
In traditional trading, every step, from identifying opportunities to executing trades, requires manual involvement, making the process both time-consuming and highly susceptible to emotional decision-making. MEXC AI Strategy redefines this workflow. Users simply express their ideas, while the AI handles intent analysis, strategy generation, continuous market monitoring, and automated execution. MEXC AI Strategy offers three key highlights:
Generate Complex Strategies with Natural Language
Users no longer need quantitative trading expertise or coding skills. By simply chatting with MEXC AI, they can create personalized trading strategies tailored to their own preferences. The system supports not only common technical indicators, but also complex conditional strategies across multiple platforms and data sources. For example, users can set instructions such as: "Go long when ETH breaks out of a bilateral pattern, with an 8% take-profit target," or "Go long when Elon Musk posts on X and the token price rises." The AI can automatically understand the intent and generate the corresponding strategy.
Real-Time Social Media Monitoring to Capture Opportunities Faster
In news-driven markets, information asymmetry often determines profit and loss. MEXC AI Strategy can monitor real-time signals from social platforms such as X, continuously tracking influential figures and market sentiment. Strategies can be triggered within seconds after relevant events occur, helping users seize market opportunities at the earliest possible moment.
24/7 Automated Market Monitoring, Free for Everyone
Powered by integration with leading AI models, MEXC AI Strategy continuously monitors and executes trades around the clock, allowing users to stay active in the market without constantly watching charts. The feature is also fully open and free to use, enabling anyone to access AI-powered automated trading with zero barriers to entry.
For detailed guides and FAQs, please visit MEXC Learn.
With this latest upgrade, the MEXC AI product ecosystem has become even more comprehensive. The platform's Smart Chart displays AI-powered price predictions, probability-of-rise indicators, and upcoming event alerts directly beneath candlestick charts, transforming market analysis that users previously had to piece together themselves into structured, actionable insights. The AI Consultant provides personalized recommendations based on users' actual portfolio positions, while AI Strategy converts users' market views directly into executable strategies and automated orders. Together, the three features cover the complete trading workflow: from discovery to analysis and finally to execution.
Vugar Usi, CEO of MEXC, said:
"Zero-fee trading removed the cost barrier to trading, while MEXC AI is removing an even more critical barrier: execution. While much of the industry focuses AI capabilities on professional infrastructure, MEXC has chosen to start from the real workflows of everyday traders, truly understanding user intent and helping them execute more efficiently. The goal of MEXC AI is to ensure that every opportunity users recognize can actually be captured, delivering on our promise of "Infinite Opportunities."
In the first quarter of 2026, MEXC AI-related features recorded approximately 140,000 daily active users, while cumulative quarterly active users surpassed 1.04 million, reflecting growing market demand for AI-powered trading assistance tools. Users can now log in through the official MEXC website or app to experience the latest MEXC AI landing page.
About MEXC
MEXC is the world's fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
MEXC Launches AI Strategy, Advancing Its End-to-End AI Trading Ecosystem
MEXC Launches AI Strategy, Advancing Its End-to-End AI Trading Ecosystem
