JAKARTA \u2014 A total of 34 domestic and international financial\ninstitutions have been listed as prospective lenders for waste-to-energy\n(PSEL) projects in Indonesia. Indicative financing interest gathered so\nfar exceeds three times the programme\u2019s estimated debt requirement,\nalthough it does not yet constitute a binding funding commitment.<\/p>\n
Danantara Indonesia, through PT Danantara Investment Management (DIM)\nand PT Daya Energi Bersih Nusantara (Denera), has completed the\nformation of a panel of prospective lenders. The panel is intended to\nmap financial institutions\u2019 capacity and interest before PSEL projects\nenter the formal financing stage.<\/p>\n
Through the panel, DIM and Denera will explore various funding\nstructures to suit the needs of each project. Options include loans,\nnon-cash facilities and other forms of financing.<\/p>\n
Denera Chief Financial Officer M Ramadhan Harahap said the response\nfrom financial institutions showed interest in investment opportunities\nin the waste-to-energy sector. However, the financing would depend on\nproject viability and each institution\u2019s risk assessment.<\/p>\n
\u201cThe response from these various financial institutions shows that\nthe PSEL programme has genuine appeal in the financing market. With\nprospective partners that have different financing experience and\ncapabilities, we can explore the funding structures best suited to each\nproject\u2019s needs. Viability, commercial structure and risk remain the\nmain considerations in preparing the financing,\u201d Ramadhan said in a\npress release received on Monday (19 October 2026).<\/p>\n
The panel\u2019s 34 members come from a range of financial institutions,\nincluding multilateral development banks, bilateral development finance\ninstitutions, infrastructure finance institutions, climate fund managers\nand international project finance institutions.<\/p>\n
In Indonesia, the panel includes banks belonging to the Association\nof State-Owned Banks (Himbara), national private banks, commercial banks\nand Islamic banks. Several international banks operating in Indonesia\nare also listed as prospective financing partners.<\/p>\n
Although indicative financing interest has exceeded the programme\u2019s\ndebt requirement, Danantara stressed that this figure does not represent\ncredit approval. Every funding proposal must still undergo due diligence\nand feasibility assessments, receive approval from the financial\ninstitution\u2019s internal processes, and meet financing conditions.<\/p>\n
DIM and Denera appointed PT Indonesia Infrastructure Finance (IIF) as\nfinancial adviser and consultant for the formation of the panel. The\nselection process began in July 2026 with an open announcement and\ndirect invitations to domestic and international financial\ninstitutions.<\/p>\n
Prospective panel members were assessed on their financial capacity,\nfinancing experience, ability to execute funding, flexibility and\nsuitability for PSEL project requirements. The selection results will\nprovide a basis for exploring financing structures at both portfolio and\nindividual-project levels.<\/p>\n
The panel is expected to make it easier to explore funding sources\nfor PSEL projects in various regions. The arrangement also creates\nopportunities for private and international capital to participate in\ndeveloping waste-processing infrastructure, while taking into account\nprojects\u2019 commercial viability and financial sustainability.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/34-financial-institutions-join-danantaras-psel-financing-panel-1792428644", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }