Returns That Single-Asset Developments Cannot Match
The programme's financial architecture is structured in two complementary tiers: a high-margin Siberut & Commercial Platform (US$5.70B CAPEX, 22.55%-31.4% IRR) and the Full Consolidated 66-SPV Platform including Padang mainland heavy energy and industrial infrastructure (US$12.55B register CAPEX, 14.04%-15.51% IRR, US$3.59B-$4.34B NPV at 8% WACC, US$16.885B base TDV). Energy costs that would ordinarily burden island resorts and data centres are cut by 65%-75% (to US$0.07-$0.09/kWh) via mainland geothermal and the HVDC subsea link, turning utility spend into internal platform revenue.
US$464M to US$852M in Verified Carbon Asset Value
Bottom-up GHG accounting across all 66 SPVs and the ring-fenced Mentawai Conservation Foundation (MCF) projects 4.02M tCO2e/yr in gross abatement by 2047. After retiring 747,611 tCO2e/yr internally on the ACTA registry to guarantee 100% Zero Scope 2 emissions across the SEZ with zero double-counting, the ecosystem issues 2.65M tCO2e/yr in net tradeable credits (31.19M tCO2e cumulative), generating US$139.3M/yr in 2047 carbon and fee revenue. Monetising CORSIA SAF/HVO credits (+US$65.4M Base NPV) flips SPV-030 (MR-HVO) from -US$42.6M to +US$22.8M-+US$77.9M NPV (9.2%-11.8% IRR), pushes the 8-SPV MAFC agri-food cluster comfortably above the 8% WACC hurdle, and increases Mentawai Resources' total NPV by +52.7% to +98.5%.
Eleven HoldCos. Four Compounding Value Engines.
Consolidated revenue scales from US$1,079.8M (US$345.0M EBITDA) in Year 5 to US$2,721.8M (US$1,012.4M EBITDA) in Year 10 and US$5,097.3M (US$1,890.6M EBITDA, 37.1% margin) by 2047. Replacing imported Portland cement with SPV-012's System 3E mortarless perlite walls, cross-laminated timber, engineered bamboo, and geopolymer concrete locks away 500-750 kg CO2/m3 - certifying MBD's US$2.44B hospitality and residential portfolio as Net-Zero Embodied & Operational Carbon for a 10%-18% valuation premium, while 24/7 geothermal power unlocks a 15%-25% sovereign green AI compute tariff premium for the 220 MW dual-hub data centre.
Resilient Under Pressure. Conservation That Pays for Itself.
Stress-tested at -10% demand and +20% cost sensitivity, downside commercial IRR holds at 12.1% with a 1.44x debt service coverage ratio, bolstered by US$320M in SEZ fiscal incentive NPV. Crucially, the US$250M 5-year MCF conservation intervention budget (halting 254,384 ha of logging concessions and expanding marine protection by 535,271 ha) generates US$566.7M (Base) to US$1,031.7M (Upside) in 20-year cumulative carbon cashflows (US$179.8M-US$338.0M NPV) - a 2.3x to 4.1x self-liquidating capital payback before counting ongoing 1.75% Torqua and 1%-5% B-Corp profit flows.
Access the Full Financial & Carbon Model
Detailed 66-SPV financial workbooks, consolidated DCF schedules, and bottom-up GHG & Carbon Credit valuation sheets are available to qualified investors under NDA.
