Indonesia
DANANTARA INDONESIA PLANS 2028 IPO FOR CLEAN ENERGY ARM DENERA
Sovereign wealth fund Danantara Indonesia is considering an initial public offering (IPO) for its clean energy subsidiary, Daya Energi Bersih Nusantara (Denera), as early as 2028, once its waste‑to‑energy projects begin generating stable cash flow. Denera was established in April 2026 as a holding company to consolidate 33 waste‑processing power projects across Indonesia, potentially creating one of the world’s largest waste‑to‑energy operators. Danantara estimates the combined value of these projects at nearly US$5 billion (around IDR 87 trillion), with cash flow expected to start forming in 2028—seen as a key milestone for a potential stock market listing on the Indonesia Stock Exchange.The nationwide rollout is supported by Presidential Regulation No. 109/2025 and aims to address urban waste challenges while meeting rising energy demand through environmentally friendly technology. Construction of the first batch of projects is set to begin in the third quarter of this year, with full completion targeted by late 2027, potentially creating around 3,500 jobs and delivering significant economic multiplier effects. Chinese firms currently dominate early project awards, including Zhejiang Weiming Environment Protection, while Danantara plans to centralize all developers and operators under Denera to boost efficiency, facilitate technology transfer, and attract both domestic and foreign investors.Source: https://jakartaglobe.id/business/danantara-plans-2028-ipo-for-clean-energy-arm-denera#goog_rewarded (ICE GIACARTA)
Fonte notizia: Jakarta Globe, 11 May 2026
