Danantara Establishes PT Denera, Focusing on Waste-to-Energy Projects

Indonesia’s Sovereign Wealth Fund, Badan Pengelola Investasi Daya Anagata Nusantara (Danantara), has officially established PT Daya Energi Bersih Nusantara, or Denera. Denera was formally set up on 1 April 2026 and is a subsidiary of PT Danantara Investment Management (DIM), which will focus on implementing Waste-to-Energy (WtE) projects, or Pengolahan Sampah Menjadi Energi Listrik (PSEL). “Daya Energi Bersih Nusantara is a newly formed company by Danantara Investment Management (DIM) on 1 April 2026, with a focus on executing the PSEL programme,” stated Fadli Rahman, Lead of Waste-to-Energy and Director of Investment at DIM, during the Afternoon Coffee Session at Wisma Danantara in Jakarta on Thursday. Denera will hold equity stakes in each PSEL project, with the ownership structure set at 70% for the Business Entity for Development and Management (BUPP) partners and 30% owned by Denera. Additionally, Denera will be responsible for project operations. Each PSEL unit’s construction requires an investment of Rp2.5 trillion to Rp2.8 trillion. “Denera will also become an integrated company in waste management. So, integrated waste management is something that must be focused on, particularly PSEL,” said Fadli. On this occasion, Fadli noted that PSEL projects are the main driver for building an integrated waste management system. He assessed that PSEL projects not only generate electricity but also encompass waste management from upstream to downstream, starting from disposal sites, processing, to recycling. “And how we will educate the public to manage waste better because culture also needs to change in waste management. We will also focus on developing non-household waste, such as industrial waste,” said Fadli. Danantara targets opening the second wave tender for PSEL projects in April 2026, for PSEL projects in 25 cities across Indonesia.