Announced
Completed
Financials
Sources
Tags
Alternative Fuels
Friendly
geothermal energy
Acquisition
Minority
Completed
Cross Border
Private
Single Bidder
Indonesia
Synopsis
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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