Jakarta, CNBC Indonesia - The Investment Management Agency Danantara\n(BPI Danantara) plans to bring a new business entity in the clean energy\nsector, PT Daya Energi Bersih Nusantara or DENERA, to list on the\nIndonesia Stock Exchange (BEI) through an initial public offering (IPO)\nof shares.<\/p>\n
Danantara\u2019s Chief Investment Officer, Pandu Sjahrir, stated that the\ntarget for this corporate action is 2028. He mentioned that the company\nis poised to become one of the largest waste-to-energy companies in the\nworld.<\/p>\n
\u201cI think this could be a good catalyst if we can enter later, if\npermitted, on the Indonesia Stock Exchange. We will apply, Insha Allah,\nbecause by 2028 there should already be cash flow,\u201d he said at the\nIndonesia Stock Exchange (BEI) on Monday (11\/5\/2026).<\/p>\n
According to him, the plan is highly feasible due to the substantial\ninvestment value, which could reach US$5 billion or the equivalent of\nRp85-90 trillion.<\/p>\n
Pandu explained that the plan could be realised once sufficient funds\nare available through dozens of ongoing WTE projects throughout this\nyear.<\/p>\n
\u201cFirst week of June, and there will be additions where we aim to\ncomplete all 33 projects by the end of this year. What we want to do is,\nif we are able to finish all this Insha Allah by the end of 2028, we can\ntake this public. Because don\u2019t forget, these 33 projects are almost\nclose to a US$5 billion project where we will also take a bigger stake,\u201d\nhe clarified.<\/p>\n
\u201cOnce there is cash flow, we can enter the capital market. This is\none example,\u201d he added.<\/p>\n
For information, this company, formed by PT Danantara Investment\nManagement (DIM), is an integrated waste management company that also\nserves as a holding company for all entities implementing\nWaste-to-Energy or Waste to Electricity Energy (PSEL) projects in\nIndonesia.<\/p>\n
PT Denera was officially established on 1 April 2026. The entity is a\nholding company that consolidates all investment, development, and\noperational activities of PSEL projects in various regions of\nIndonesia.<\/p>\n
In this structure, PT Denera will serve as the holding for each\nBusiness Entity for Development and Management (BUPP) of PSEL, where\neach BUPP is a joint venture between PT Denera and selected partner\nconsortia.<\/p>\n
Through this structure, Danantara Indonesia aims to strengthen\nproject management efficiency, attract participation from domestic and\nglobal investors, and promote technology transfer in comprehensive waste\nprocessing.<\/p>\n
The establishment of PT Denera aligns with the mandate of\nPresidential Regulation No.\u00a0109 of 2025 regarding urban waste handling\nthrough waste-to-renewable energy management based on environmentally\nfriendly technology, as well as the Indonesian Government\u2019s vision to\nbuild cleaner, more resilient, and sustainable cities.<\/p>\n
The Danantara Indonesia PSEL programme targets the construction of\nwaste-to-electricity energy processing facilities in several cities\nacross Indonesia.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/danantara-to-lead-denera-ipo-in-2028-1778500430", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }