Navigat Group focuses on the distributed gas-to-power market in Southeast Asia, pursuing power projects typically sized 5–100MW. The company operates through two main divisions: Navigat Energy (GE Jenbacher equipment sales and service) and MAXPower (IPP, BOOT and rental projects). Navigat is the second-largest global distributor of GE Jenbacher equipment, having sold over 1,000MW of units under its distribution licenses in Indonesia, Singapore and Thailand, and has 335MW of installed capacity across Indonesia, Myanmar, Singapore and Thailand. Its top holding company is incorporated in Singapore and the company’s headquarters are in Jakarta. The firm aims to grow MAXPower’s installed operating capacity to 1,000MW by the end of 2015. Recent external funding is being deployed to support that capacity build-out.

Total raised

$21M

Funding rounds

1

Latest round

Equity

Latest activity

May 2014