Slide transcript
SPV 2 OF 3 · KOTA BANDUNG
| Local entity | PT JABUN (PT Jagad Bumi Nusantara) |
|---|---|
| Counterparty | Kota Bandung + DLH |
| Site | Sarimukti (Perhutani land via IPPKH) |
| MSW input | 700 tpd at 50% organic = 350 tpd organic |
| Animal feedstock | +75 tpd (West Java livestock catchment) |
| Total feedstock | 425 tpd organic — largest in portfolio |
| MRF tier | Full MRF — provided in-kind by Kota Bandung |
| AD configuration | CLAD on 3.5 ha |
| Offtake | PGN West Java distribution grid |
| Tipping fee | 40% share of Kota Bandung waste-disposal rate |
| Revenue streams | CBG + tipping fee + carbon — 3 streams (only SPV) |
| CAPEX | USD 15.0M |
| Award · COD | Apr 2027 · Apr 2030 |
WHY IT WORKS
Three revenue streams
CBG + tipping fee + carbon — best diversification in portfolio
In-kind MRF
Kota Bandung supplies full MRF — material CAPEX reduction
Co-digestion uplift
75 tpd animal contributes ~25-40% of biogas at ~15% mass
Strongest base-case returns
Project IRR 34.2% · Equity IRR 76.2% · 72% EBITDA margin
FS prepared Oct 2025 by PT JABUN with Greenviro Solutions + Orec Sdn Bhd as technical partners.