Indonesia
In April 2009 Greenearth Energy, by way of its 100% wholly owned subsidiary Greenearth Power Pty Ltd, and in partnership with Melbourne based Geo Energy Pty Ltd, North American based International Investment Resources LLC and Indonesia Santini Group established Jakarta based, Indonesian geothermal exploration and development entity, PT Geo Power Indonesia. Greenearth Power Pty Ltd's initial holding in PT Geo Power Indonesia is 40% with the balance split equally between the partner companies. PT Geo Power Indonesia's mission is to establish a suite of geothermal exploration and development opportunities across the Indonesian archipelago. PT Geo Power Indonesia is assessing several potential downstream geothermal development opportunities, that if commercially and technically viable will be the subject of further future announcements.