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

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.