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New Deal


Announced

Completed

Green Era completed the acquisition of a 33.33% stake in Star Energy from BCPG for $440m.

Financials

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Transaction Value£334m
Consideration TypeCash
Capital Owned-
Capital Bid For33%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Alternative Fuels

Friendly

geothermal energy

Acquisition

Minority

Completed

Cross Border

Private

Single Bidder

Indonesia

Synopsis

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Green Era, a special purpose vehicle, completed the acquisition of a 33.33% stake in Star Energy, a geothermal energy company, from BCPG, a renewable energy provider, for $440m. “This acquisition is a major milestone to effectively launch Green Era’s exciting growth and investment plans moving forward. We’re acquiring a solid geothermal asset, with a proven track record and renewable technology, to achieve clean, sustainable, and profitable growth.” Nancy Pangestu, Green Era Managing Director.

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