Indonesia WtE Platform

Indonesia Municipal Waste-to-Biomethane

A three-SPV portfolio of Covered Lagoon Anaerobic Digestion plants converting 1,065 tonnes per day of organic waste into Compressed Bio-Methane Gas sold to PGN and Pertamina.

USD ~40MProject finance raise
3 SPVsPasarjaya · Bandung · Lamsel
25.7%Portfolio Project IRR
54.2%Portfolio Equity IRR
2.22×Minimum DSCR
25 yrConcession · 1 + 2 + 22

Working documentation

Total organic feedstock 1,065 tpd · 915 from MSW · 150 from animal co-digestion
Offtake CBG at USD 15 / MMBTU to PGN and Pertamina
Technology Covered Lagoon Anaerobic Digestion across all three SPVs · Penang reference plant operating
Regulatory anchor Perpres 109/2025 non-thermal AD mandate · PMK 130/2020 tax holiday upside