Jakarta, May 11 -- Superholding company and sovereign wealth fund Danantara Indonesia aims to list its waste-to-energy (WtE) holding company PT Daya Energi Bersih Nusantara (Denera) on the Indonesia Stock Exchange (IDX) by the end of 2028 after the projects begin generating cash flow.

"Once we have cash flow, we hope to complete it by 2028 and bring the company public here. That is one of our aspirations," Danantara Chief Investment Officer Pandu Sjahrir said at the Investor Relations Forum 2026 in Jakarta on Monday.

Pandu said the holding company would manage 33 projects with a total investment value of nearly US$5 billion.

He said Danantara and the government would soon launch the second phase of the waste-to-energy projects along wi...