- **Indonesia Energy Corporation (IEC)** signed a Memorandum of Understanding (MOU) with Aguila Energia e Participações Ltda. (AEP) on **October 24, 2025**, during a summit between the Presidents of Indonesia and Brazil.  **[1757840_14e5261bdb6a4de38ed96756d92b2c98_0]** 
- The MOU establishes a cooperative framework to jointly identify and pursue opportunities for **sustainable off-grid energy solutions** in Brazil.  **[1757840_14e5261bdb6a4de38ed96756d92b2c98_0]** 
- This includes the development of **two hybrid energy pilot projects** that will integrate **solar power and natural gas** from AEP's assets in Northeast Brazil.  **[1757840_14e5261bdb6a4de38ed96756d92b2c98_0]** 
- These projects aim to provide autonomous energy infrastructure for **data centers** in Brazil, with each project potentially capable of an initial generation capacity of **10 MW**, expandable up to **400 MW**.  **[1757840_14e5261bdb6a4de38ed96756d92b2c98_0]** 
- This agreement follows an initial non-binding MOU signed in **August 2025** between IEC and AEP to explore broader energy asset opportunities in Brazil.  **[1757840_14e5261bdb6a4de38ed96756d92b2c98_0]**

Indonesia Energy Corp (INDO)