Danantara Opens Lenders Panel Registration for PSEL Projects

PT Danantara Investment Management (DIM), through its subsidiary PT Daya Energi Bersih Nusantara (Denera), has opened registration for financial institutions to join a Lenders Panel for Waste-to-Energy (PSEL) projects. The move comes as Indonesia seeks to accelerate investment in sustainable waste management infrastructure across various cities and regencies. The Lenders Panel is being established to create a diverse group of prospective lenders and financing partners to support the pipeline of PSEL projects throughout Indonesia. PT Indonesia Infrastructure Finance (IIF) has been appointed as financial advisor to coordinate the registration and information-gathering process from prospective lenders on behalf of DIM/Denera. Through the Lenders Panel, DIM/Denera aims to identify financial institutions with the financial capacity, experience in infrastructure financing, and strategic interest to support the PSEL programme. Prospective lenders will be asked to express their financing interest, both at the portfolio and individual project levels. This information will assist DIM/Denera in gauging potential financing capacity and exploring suitable funding structures, including debt sources, non-cash facilities, and other financing solutions prior to the commencement of a formal financing process. The invitation is open to various financing institutions, including commercial banks, state-owned banks (Himbara), regional development banks (BPD), development finance institutions, multilateral institutions, export credit agencies, and other financial institutions capable of providing, arranging, or supporting infrastructure financing. Denera Chief Financial Officer M Ramadhan Harahap (Idhan) stated that the company invites all financial institutions with an interest and experience in infrastructure financing to participate in Denera’s Lenders Panel. ‘This initiative will open opportunities for lenders to be involved from the outset in developing PSEL project financing, which will be an important part of the transformation of waste management and sustainable development in Indonesia,’ Idhan said in a press release on Wednesday (22/7/2026). Participating institutions are welcome to express their interest in providing or arranging various financing instruments, including senior loans, junior loans and subordinated loans, equity or equity-based instruments, bridging loans, equity bridging facilities, bank guarantees, standby letters of credit, performance bonds, trade finance, mezzanine or hybrid structures, sustainability-linked financing, financing supported by export credit agencies (ECA) or multilateral development banks (MDB), and other financing solutions relevant to the development and implementation of the PSEL project pipeline in Indonesia. ‘Interested institutions may submit their expression of interest via official email to lenderspanel.danantara@iif.co.id. IIF will assist prospective participants in the registration process, including the submission of required information and the implementation of applicable confidentiality provisions. The registration period is open until 28 July 2026,’ he said. Idhan explained that this announcement is to invite expressions of interest in participating in the Lenders Panel. The purpose is to facilitate market engagement and gather indicative information regarding the financing capacity and interest of prospective participants. Participation in this process does not constitute, and shall not be construed as, an offer, commitment, agreement, or obligation for DIM/Denera to enter into any financing arrangement, appoint any particular financing institution, or proceed with any transaction. DIM/Denera, he said, reserves the right, at its sole discretion and judgement, to amend, suspend, discontinue, or cancel this process, revise the schedule, request additional information, accept or reject any submission, and determine the composition of the Lenders Panel without incurring any obligation to participating institutions. Each participating institution is responsible for its own costs and expenses incurred in connection with its participation in this process. ‘DIM/Denera shall not be responsible for any costs, losses, or expenses that may arise from such participation. All information provided during this process will be treated as confidential and managed in accordance with the provisions of the applicable Non-Disclosure Agreement (NDA),’ he said.