Who owns Star Energy Group Holdings Pte Ltd?

Green Era Pte Ltd, a Singapore-based renewables investment arm of the Pangestu family, has closed the acquisition of a minority stake in geothermal-focused holding company Star Energy Group Holdings Pte Ltd for USD 440 million (EUR 403m).

Who is Star Energy Group Holdings?

STAR ENERGY GROUP HOLDINGS PTE. LTD. (the "Company") is a Private Company Limited by Shares, incorporated on 3 April 2012 (Tuesday) in Singapore . The address of the Company's registered office is 120 ROBINSON ROAD, #08-01, SINGAPORE (068913). The Company current operating status is live and has been operating for 13 years.

Who owns Star Energy?

The remaining 66.67% of Star Energy continues to be owned by PT Barito Pacific Tbk (IDX: BRPT) , an integrated energy company based in Indonesia with multiple power and industrial assets. Currently, Barito Pacific Group is one of PT. Chandra Asri Petrochemical Tbk (IDX: TPIA) shareholders.

Did Prajogo buy Star Energy?

Prajogo's company, Green Era Pte. Ltd, a Singapore-based renewables investment firm, acquired 250,801 shares of Star Energy, representing a 33.33 percent stake, from Thai electricity company BCPG, according to a statement published on Wednesday. Read also: Global merger, acquisition activity smashes all-time records

How did Barito Pacific acquire Star Energy Group?

The acquisition comes a few years after Barito Pacific acquired the two-thirds stake in Star Energy Group Holdings Pte Ltd in July 2018. Barito partly financed the acquisition through an Rp 8.9 trillion rights issue.

Does Star Energy own a geothermal power plant in Indonesia?

Star Energy owns controlling stakes in world-leading geothermal energy assets based in Indonesia, with a total gross capacity of 875 MW, including Wayang Windu Geothermal power plant, Salak Geothermal power plant, and Darajat Geothermal power plant.