Indonesia WtE Platform

Presentation

Thirty-slide investor deck covering thesis, portfolio, technology, revenue, regulation, capital structure, returns, and risk.

Slide 01

Indonesia Waste-to-Biomethane Platform

Opening

Slide 02

Contents

Opening

Slide 03

Investment Thesis

Opening

Slide 04

Investment Snapshot

Opening

Slide 05

Deal Highlights

Opening

Slide 06

Why Now

Opening

Slide 07

The 3-SPV Portfolio

Portfolio + Technology

Slide 08

PD Pasarjaya — Urban Hub-and-Spoke

Portfolio + Technology

Slide 09

Bandung — Largest SPV, Full MRF In-Kind, Animal Co-Digestion

Portfolio + Technology

Slide 10

Lampung Selatan — Light MRF, Animal Co-Digestion, Off-Grid Optionality

Portfolio + Technology

Slide 11

Technology — Covered Lagoon Anaerobic Digestion

Portfolio + Technology

Slide 12

Penang Reference Plant — De-Risking Anchor

Portfolio + Technology

Slide 13

Co-Digestion Uplift — Animal Feedstock at Bandung and Lamsel

Portfolio + Technology

Slide 14

Revenue Model — Three Streams

Revenue + Regulatory

Slide 15

Offtake Counterparty Stack

Revenue + Regulatory

Slide 16

Perpres 109/2025 — Regulator-Mandated Market

Revenue + Regulatory

Slide 17

Tax + Permitting Framework

Revenue + Regulatory

Slide 18

Local-Government In-Kind Support — At Every Site

Revenue + Regulatory

Slide 19

Capital Structure — Loan to Bond at COD

Capital + Corporate

Slide 20

Drawdown Profile — 1% / 59% / 40%

Capital + Corporate

Slide 21

Peak Cash Call and Cross-Cover

Capital + Corporate

Slide 22

Corporate Architecture — Three-Layer Stack

Capital + Corporate

Slide 23

Partnership Stack

Capital + Corporate

Slide 24

Governance and Exit

Capital + Corporate

Slide 25

Portfolio Returns Dashboard

Returns + Risk

Slide 26

Per-SPV Returns Comparison

Returns + Risk

Slide 27

DSCR and Leverage Scenarios

Returns + Risk

Slide 28

Sensitivity — CBG Price

Returns + Risk

Slide 29

Risk Vectors and Mitigants

Returns + Risk

Slide 30

The Ask

Returns + Risk

Slide 31

Reference Sheet — All Scenarios · v02 Final

Reference Sheet