Restaurant Brands Asia Approves Renewables Investment & Subsidiary Funding

Restaurant Brands Asia Limited has approved two significant financial moves. Firstly, the company will acquire a 26% equity stake in Navitas Anant Renewables Two Private Limited, a Special Purpose Vehicle (SPV) for solar power supply to its Indian restaurants, for up to ₹1.10 crore. This move aims to increase renewable energy utilization and reduce electricity costs. Secondly, the company will invest up to IDR 100 billion (equivalent in INR) in its subsidiary, PT Sari Burger Indonesia, by acquiring redeemable cumulative non-convertible preference shares. These decisions were made by the Borrowings, Investments, Loans and Finance Committee.