IIF Expands Infrastructure Project Financing, PSEL Included in List
PT Indonesia Infrastructure Finance (IIF) has recorded new financing and investment commitments worth Rp2.5 trillion throughout the first half of 2026, more than three times the realisation of Rp799 billion during 2025. This increase is driven by the expansion of financing in the healthcare, ports, telecommunications, data centre, and renewable energy sectors.
According to the company’s performance report, as of June 2026, IIF’s total assets reached Rp15 trillion, representing a year-on-year growth of 4.6 per cent. Productive assets, consisting of loans and securities, also increased by 4.9 per cent to Rp13.4 trillion.
In addition to expanding financing, IIF secured nine new advisory service mandates with a contract value of Rp19 billion, a threefold increase compared to last year. One of these strategic mandates involves assisting the waste-to-energy (WTE) programme, or Pengolahan Sampah menjadi Energi Listrik (PSEL), to support the acceleration of urban waste management.
IIF’s operating income in the first half of 2026 was recorded at Rp542.7 billion, down from Rp653.9 billion during the same period last year. This decline was influenced by reduced investment interest income due to accelerated repayments by clients in the first quarter of 2026. Net profit also fell to Rp38.2 billion from Rp85.3 billion in the first half of 2025, which the company attributed to more conservative provisioning policies.
Conversely, non-interest income increased by 54.8 per cent year-on-year to Rp43 billion, driven by growth in financing and investment business, advisory services, and treasury activities. Treasury interest income also grew by 17.5 per cent compared to the same period the previous year.
President Director and Chief Executive Officer of IIF, Rizki Pribadi Hasan, stated that despite global economic dynamics, the company remains capable of expanding its financing portfolio and increasing business activities. “Amid global economic dynamics, IIF continues to demonstrate resilience through portfolio growth, increased financing and advisory activities, and an increasingly strong funding and capital structure. Although profits in the first half were lower, we are optimistic that we can continue to expand our business and improve financial performance,” said Rizki on Friday (31/7/2026).
To support this expansion, IIF raised more than Rp1.3 trillion from both domestic and international financial institutions. The company also completed the first stage of fund raising through the capital market worth Rp652 billion, consisting of Rp432 billion in bonds and Rp220 billion in perpetual securities.
IIF’s capital adequacy ratio (CAR) was recorded at 56.79 per cent, well above regulatory requirements. Meanwhile, asset quality remained stable, with the net non-performing financing (NPF) ratio improving to 3.49 per cent from 3.61 per cent during the same period last year.
Rizki added that IIF also completed three new transactions worth nearly Rp833 billion in July 2026, covering logistics infrastructure, renewable energy, and water treatment facilities. He noted that the growing financing pipeline serves as capital for the company to support national infrastructure development and economic growth.
Beyond business expansion, IIF continues to strengthen the implementation of environmental, social, and governance (ESG) standards. The company believes that ESG implementation not only improves project quality and risk management but also expands access to international financing and supports long-term business sustainability.