ABSTRACT
The diminishing fossil energy reserve has forced Indonesia to prioritize renewable energy (RE) development through its energy resources. However, RE power plant companies in Indonesia are challenged by the doubtfulness of potential investors and developers concerning their profitability and sustainability. To address this issue, this study aims to analyze the synergy between the capital budgeting method and the disclosure of intellectual capital (IC) of a wind farm expansion project in increasing their investment viability. The data were collected through interviews and documentation. The interactive analysis was used in this study. It was found that both the capital budgeting method and IC disclosure mutually supported the analysis of investors by helping them take better investment decisions. However, future studies are required to analyze the presentation of IC disclosure in other RE plants to increase Indonesia’s RE development funding opportunities.
