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IIF and Arkora Hydro Partner to Support Indonesia’s Renewable Energy Financing

calendar25 May 2026
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Jakarta, 25 May 2026 – PT Indonesia Infrastructure Finance (IIF) signed a Guarantee Facility Agreement with PT Arkora Hydro Tbk on 20 May 2026 to support the issuance of Arkora Hydro’s Sustainable Green Ijarah Sukuk I Year 2026. Under the agreement, IIF will provide a guarantee facility of up to IDR 645 billion. The facility is designed to strengthen the sukuk’s credit profile and enhance investor confidence in Indonesia’s green financing market.


“This partnership reflects IIF’s commitment to advancing Indonesia’s energy transition by enabling credible green financing instruments,” said Rizki Pribadi Hasan, President Director/CEO of IIF. “Our long-standing collaboration with Arkora Hydro demonstrates how strategic financing can accelerate the development of renewable energy projects.” IIF and Arkora Hydro have worked together since 2019 to finance several hydropower projects across Indonesia, including the company’s 2023 green bond issuance. The ongoing partnership reflects IIF’s continued role in supporting the development of renewable energy assets in the country.


As a catalyst for infrastructure development, IIF works complementarily with the financial industry to expand financing across multiple infrastructure sectors. Earlier this year, IIF provided financing to support projects in the health and port sectors. The current pipeline also includes transactions in telecommunications and digital infrastructure. Through this role, IIF also supports the growth and deepening of Indonesia’s capital market by enabling credible, bankable projects to access broader sources of funding. Through this collaboration, IIF aims to deepen partnerships in renewable energy financing and encourage greater participation from the financial market in Indonesia’s sustainable infrastructure agenda.

 


Related IIF Updates

IIF Strengthens Services for Clients with Global Awards and New Funding to Accelerate Sustainable Infrastructure
13 July 2026


Jakarta, 13 July 2026 – PT Indonesia Infrastructure Finance (IIF) reaffirms its commitment to support clients in delivering sustainable infrastructure. In July 2026, IIF received three prestigious international recognitions: the FinanceAsia Awards 2026 for "The Biggest Sustainable Impact – Nonbank Financial Institution" on 25 June, the Asian Banking and Finance (ABF) Corporate and Investment Banking Awards 2026 for "Innovative Deal of the Year" on 2 July, and the ADB 2025 Project Implemented Award for Outstanding Social Safeguard Implementation on 9 July.

The FinanceAsia award recognized IIF’s achievement in delivering measurable sustainable impact through climate-aligned infrastructure financing, strong environmental and social safeguards, inclusive access to essential services, sustainable finance innovation, anad robust ESG governance. The ABF award was given for IIF’s support of Indonesia's first Sharia infrastructure securitization transaction through the Sharia Asset-Backed Securities Collective Investment Contract (KIK EBA Syariah) issued by a client in the toll-road sector. The ADB award recognized the successful implementation of ADB’s Leveraging Private Infrastructure Investment program amounting to USD 50 million.

Another significant milestone is IIF’s inclusion as one of the top five companies for the "Environmental & Social Risk Management (ESRM) Pioneer Award" at the ASEAN Risk Awards 2026. To further strengthen its capacity, IIF has completed the issuance of bonds amounting to IDR 435.5 billion and perpetual notes amounting to IDR 220.0 billion. This demonstrates IIF’s commitment to support the growth of the Indonesian capital market. The bonds were issued in three tenors of 1, 3, and 5 years with an average coupon of around 7.4% per annum, while the perpetual notes provide a return of 8% per annum. The bonds and notes were majority subscribed, or around 83%, by asset management and insurance companies. Other investors include corporates, retail investors, pension funds, and banks.

President Director/Chief Executive Officer of IIF, Rizki Pribadi Hasan, said, “These international awards and new funding will help IIF improve our services to clients and create a positive impact on economic growth and the quality of life of the people. This serves as encouragement for IIF to continue supporting the Government, project sponsors, lenders, and investors in delivering infrastructure projects that provide economic, social, and environmental benefits to communities”.

“IIF positions itself as complementary to the financial industry and capital market. Our role is to help mobilize private capital to participate in the growth of sustainable infrastructure development in Indonesia, including in connectivity, digital infrastructure, and health security. IIF partners with various business players, regulators, domestic and foreign investors, and specialized institutions set up by the Government to accelerate growth. IIF also acts as a reliable and trusted partner for foreign direct investment”, Rizki added.

With stronger capital and global recognition, IIF will continue to enhance its financing solutions, advisory services, and risk mitigation to help clients execute sustainable infrastructure projects in priority sectors.


IIF Posts 51% Net Profit Growth, Distributes Rp74 Billion Dividend at 2026 AGMS
04 May 2026

Jakarta, 4 May 2026 – PT Indonesia Infrastructure Finance (IIF) posted 51% net profit growth to Rp185.3 billion for fiscal year 2025. The results were approved at the Annual General Meeting of Shareholders (AGMS) on Wednesday, 29 April 2026, which also approved a cash dividend of Rp74 billion, or Rp29.1 per share. The dividend represents a 40% payout ratio, up from 35% in the previous year. Amid global market uncertainties and tighter regulations in 2025, IIF recorded net interest income growth of 44% to Rp536.0 billion, while total assets rose 5% to Rp15.4 trillion.


President Director & CEO of IIF, Rizki Pribadi Hasan attributed part of the growth to a lower cost of funds, enabling IIF to offer competitive pricing to clients. “We also continued to strengthen risk management, invest in our people, and launch new product initiatives. This keeps IIF agile, resilient, and well-positioned to serve Indonesia’s diverse infrastructure needs,” Rizki said.


In 2025, IIF received multiple domestic and international awards for ESG, innovative fundraising, project financing, and human resources. “Going forward, IIF will continue to build capabilities and collaborate with financial institutions, investors, and business players. Our role is to complement banks and capital markets in infrastructure financing,” Rizki added.


Entering 2026, IIF is diversifying its funding sources. The Company has secured Rp1.3 trillion facility from domestic and international institutions and targets additional funding of up to Rp5 trillion this year. On the financing side, IIF recently signed Rp485.6 billion in commitments for the health infrastructure sector, with further commitments across other sectors expected in the coming months. In advisory, IIF has secured new mandates from clients, including for assisting international-standard ESG implementation.


The AGMS also approved the 2025 annual report and audited financial statements, and the appropriation of net profit. In addition to the dividend, the AGMS approved Rp27.7 billion in semi-annual returns on the Rp335.2 billion Perpetual Notes issued in 2023, payable in July 2026 and January 2027.


PT Indonesia Infrastructure Finance
PT Indonesia Infrastructure Finance (“IIF”) is a private non-bank financial institution, which is engaged in infrastructure financing and advisory services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on 15 January 2010 at the initiative of the Government of the Republic of Indonesia. Currently, the ownership of IIF is held by PT Sarana Multi Infrastruktur/SMI (Persero), Asian Development Bank (ADB), the International Finance Corporation (IFC) which is part of the World Bank, Deutsche Investitions-und Entwicklungsgesellschaft (DEG) which is fully owned by KfW, and Sumitomo Mitsui Banking Corporation (SMBC). In its operations, IIF applies best practices based on international standards in providing credit, risk management, good corporate governance, and social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia. 

Further Queries: Suli Indah Lestari

Head of Corporate Affairs, People and Culture 

PT Indonesia Infrastructure Finance 


Telp: (021) 2991 5060;

Fax: (021) 2991 5061;

E-mail: [email protected]

Social Media:

• Instagram: @pt_iif

• LinkedIn: IndonesiaInfrastructureFinance

IIF Supports Inclusive Education for Students with Disabilities
30 April 2026

Jakarta, 30 April 2026 – PT Indonesia Infrastructure Finance (IIF) volunteered and held a sharing session on 24 April 2026 at SLB-A Pembina Tingkat Nasional Jakarta to visually impaired students. This social responsibility is part of the company's commitment to advancing national education while also aligned with IIF's participation and support for the upcoming National Education Day.


In collaboration with Helping Hands Foundation, the event featured a series of educational and inspirational activities, from education on proper communication handling those who are visually impaired, inspirational sharing sessions in the corporate workforce for people with disabilities, to interactive team-building activities between volunteers with the students. On this occasion, IIF also handed over assistance in the form of three-unit laptops to support teaching and learning activities for students, as well as educational aid worth Rp25,000,000. - million.


This activity is one of the programs under IIF Act, IIF's employee engagement platform that encourages active employee involvement in various corporate social responsibility initiatives. Through IIF Act, IIF members are motivated to contribute directly in creating positive and sustainable social impacts for society.


President Director & CEO of IIF, Rizki Pribadi Hasan, stated, “The entire series of activities aims to provide insights, motivation, and build confidence for visually impaired students to better prepare them for the future. We hope IIF can continue to deliver positive and sustainable impacts for the world of education and inclusive empowerment.”


Chief Risk Officer of IIF, Lestari Umardin, added, “We are committed to continuing similar programs with various parties in the future. Through collaboration, we want to ensure that equal and meaningful access to education reaches more beneficiaries.”


Through this activity, IIF reaffirms that sustainable development not only focuses on physical infrastructure but also on human capacity building and efforts to ensure no one is left behind in the nation's development process.


PT Indonesia Infrastructure Finance
PT Indonesia Infrastructure Finance (“IIF”) is a private non-bank financial institution, which is engaged in infrastructure financing and advisory services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on 15 January 2010 at the initiative of the Government of the Republic of Indonesia. Currently, the ownership of IIF is held by PT Sarana Multi Infrastruktur/SMI (Persero), Asian Development Bank (ADB), the International Finance Corporation (IFC) which is part of the World Bank, Deutsche Investitions-und Entwicklungsgesellschaft (DEG) which is fully owned by KfW, and Sumitomo Mitsui Banking Corporation (SMBC). In its operations, IIF applies best practices based on international standards in providing credit, risk management, good corporate governance, and social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia. 

Further Queries:

Suli Indah Lestari 

Head of Corporate Affairs, People and Culture 

PT Indonesia Infrastructure Finance

Telp: (021) 2991 5060;

 Fax: (021) 2991 5061;

E-mail: [email protected]

Website www.iif.co.id

Social Media: 

Instagram: @pt_iif 

LinkedIn: IndonesiaInfrastructureFinance


IIF Strengthens Climate Risk Governance
28 April 2026

Jakarta, 28 April 2026 – PT Indonesia Infrastructure Finance (IIF) reaffirmed its commitment to strengthening climate risk governance as part of the Company’s strategy as a catalyst for sustainable infrastructure development. The commitment was conveyed during the Climate Risk Forum and Workshop, organized by the Climate Policy Initiative (CPI) on 22 April 2026 in Jakarta.

The forum serves as a knowledge-sharing platform aimed at deepening the understanding of climate risk impacts on the financial services sector while enhancing practical risk management strategies. Participants included banks, non-bank financial institutions, project developers, research institutions, and other stakeholders with an interest in climate risk and sustainable finance.

President Director & CEO of IIF, Rizki Pribadi Hasan, stated, “Climate risk management is fundamental to IIF’s long-term business sustainability. As an infrastructure financing institution, we have a responsibility to ensure that every rupiah we deploy is not only financially viable but also resilient to climate risks. This step aligns with IIF’s vision as a catalyst for sustainable infrastructure development in Indonesia.”

Through Technical Assistance support from CPI, IIF has integrated climate risk management into its governance, strategy, risk management, and business processes. This implementation is formalized through the Climate Risk Management Policy developed with CPI in 2025.

Since September 2025, IIF has mandated a Climate Risk Assessment for every new project appraisal and annual portfolio review before submission to the Investment Committee. The assessment results are periodically consolidated and reported to the Risk Management Committee and the Risk Monitoring Committee. After one year of implementation, IIF expects to have a comprehensive mapping of climate risk exposure across its entire portfolio, including estimates of potential actual losses, in line with best practices in climate risk disclosure.

In her presentation, Chief Risk Officer of IIF, Lestari Umardin, explained, “Integrating climate risk is not merely regulatory compliance, but an integral part of our investment decision-making process. With Climate Risk Assessment, we can identify, measure, and mitigate both physical and transition risks from the outset. This protects our portfolio and ensures the projects we finance are prepared for future climate scenarios.”

In line with preparations for the implementation of Climate Risk Management & Scenario Analysis (CRMS), IIF has initiated both qualitative and quantitative sustainability disclosures, although the reporting obligation will only take effect in 2028 under the latest regulatory provisions. Qualitative disclosures cover governance and risk management principles, while quantitative disclosures include Scope 1, 2, and 3 emissions data. Parts of these disclosures have been published in IIF’s 2025 Sustainability Report.

To support this, IIF has developed internal capabilities to establish Scope 1, 2, and 3 emissions calculation methodologies, which have been verified by Carbon Trust, a global climate consultancy. This capability has also become part of IIF’s ESG Advisory services to clients to help them meet sustainability standards.

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance (“IIF”) is a private non-bank financial institution, which is engaged in infrastructure financing and advisory services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on 15 January 2010 at the initiative of the Government of the Republic of Indonesia. Currently, the ownership of IIF is held by PT Sarana Multi Infrastruktur/SMI (Persero), Asian Development Bank (ADB), the International Finance Corporation (IFC) which is part of the World Bank, Deutsche Investitions-und Entwicklungsgesellschaft (DEG) which is fully owned by KfW, and Sumitomo Mitsui Banking Corporation (SMBC).

In its operations, IIF applies best practices based on international standards in providing credit, risk management, good corporate governance, and social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia. 


Further Queries:

Suli Indah Lestari 

Head of Corporate Affairs, People and Culture 

PT Indonesia Infrastructure Finance


Telp: (021) 2991 5060;

 Fax: (021) 2991 5061;

E-mail: [email protected]


Website www.iif.co.id

Social Media: 

Instagram: @pt_iif 

LinkedIn: IndonesiaInfrastructureFinance