Environmental Solutions Enters MoU with De Tomaso Automobili and PT Buana
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2025
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Partnership Announcement: ESGL's subsidiary Environmental Solutions has signed a non-binding Memorandum of Understanding with De Tomaso Automobili Holdings Limited and PT Buana Megawisatama to explore developing a carbon-neutral luxury race circuit in Bintan, Indonesia.
Project Vision: The MoU aims to combine ESA's low-carbon technologies, De Tomaso's luxury automotive design, and PBM's land development expertise to potentially establish Bintan as a hub for sustainable mobility and high-end automotive experiences.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
