JAKARTA - The Daya Anagata Nusantara Investment Management Agency\n(Danantara) is targeting PT Daya Energi Bersih Nusantara (Denera) to\nconduct an initial public offering (IPO) of its shares.<\/p>\n
Denera is a newly formed integrated waste management company\nestablished by Danantara on 1 April 2026 as a holding company that will\noversee all Waste-to-Electricity (PSEL) projects in Indonesia.<\/p>\n
Danantara\u2019s Chief Investment Officer, Pandu Patria Sjahrir, stated\nthat the agency has long-term plans to take Denera public on the\nIndonesia Stock Exchange (BEI).<\/p>\n
This plan is based on the substantial investment value poured into\nwaste-to-electricity projects, amounting to US$5 billion or equivalent\nto Rp85 trillion to Rp90 trillion.<\/p>\n
\u201cLater on, our desire is, of course, because this is quite a large\ninvestment we\u2019re making; if you look at the total, it could reach US$5\nbillion, which is about Rp90 trillion or Rp85 trillion,\u201d Pandu said when\nmet at the Indonesia Stock Exchange (BEI) building on Monday\n(11\/5\/2026).<\/p>\n
Danantara targets all major projects to be completed and start\ngenerating revenue by 2028. After that, the waste management company is\nexpected to list on the stock exchange through an initial public\noffering (IPO).<\/p>\n
\u201cOur desire is, after there is cash flow\u2014we expect it to be completed\nwith cash flow in 2028\u2014we want to take it to become a public company\nhere (on the exchange). That\u2019s one of our wishes,\u201d he explained.<\/p>\n
As a holding entity, its role is to consolidate all investment,\ndevelopment, and operational activities of PSEL projects across various\nregions in Indonesia.<\/p>\n
In this structure, Denera will serve as the parent company for each\nWaste-to-Electricity Developer and Manager Business Entity (BUPP). Each\nBUPP is a joint venture between Denera and selected partner\nconsortia.<\/p>\n
Through this scheme, Danantara aims to strengthen project management\nefficiency, increase participation from domestic and global investors,\nand accelerate technology transfer in comprehensive waste\nprocessing.<\/p>\n
The establishment of Denera aligns with the mandate of Presidential\nRegulation (Perpres) No.\u00a0109 of 2025 on urban waste handling through\nwaste management into renewable energy based on environmentally friendly\ntechnology, as well as the government\u2019s vision in building cleaner, more\nresilient, and sustainable cities.<\/p>\n
Danantara\u2019s PSEL programme targets the construction of\nwaste-to-electricity processing facilities in several cities in\nIndonesia.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/danantara-establishes-denera-a-waste-management-giant-aimed-at-listing-on-the-stock-exchange-1778507586", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }