Home SaraRasa Biomass SaraRasa Biomass In brief The company produces pellets in Surabaya, Indonesia, using residues from the mechanical forest industry, mainly the furniture manufacturing industry. Pellets are burnt to generate renewable energy. Main development impact SaraRasa uses wood residues from the mechanical forest industry and therefore supports the efficient use of wood material. The company will also have positive environmental impacts through its product, which produces energy from renewable raw materials. The company employs 68 people. Investment details Name: SaraRasa Biomass Project number: 80000117 Region: Asia Country: Indonesia Sector: Energy Signing date (month/year): December 2017 Currency: USD Finnfund's financing (commitment): 500 Size of the project financing: USD 1,500,000 Share of Finnfund's financing (%): 35 % Status: Active Website: http://www.sararasa.asia/ Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Other investments Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument SaraRasa Biomass Indonesia 2016 SaraRasa Biomass Indonesia 2013 SaraRasa Biomass Indonesia 2015 SaraRasa Biomass Indonesia 2012 December Read our transparency and disclosure policy More information: News Current investments Business sectors Contact us Key facts Name: SaraRasa Biomass Sector: Energy Region: Asia Country: Indonesia Currency: USD Finnfund's financing (commitment): 500 Signing date (month/year): December 2017 Last update: May 2019