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Star Energy Expands Stake in Croatian Geothermal Venture
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Star Energy Expands Stake in Croatian Geothermal Venture

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IGas Energy ( (GB:STAR) ) just unveiled an update.

Star Energy Group PLC has increased its stake to 71% in A14 Energy Limited, which owns three geothermal waters exploration licenses in the Pannonian Basin, Croatia. This acquisition allows Star Energy greater flexibility in its development plans for Croatian assets without incurring significant additional costs, while maintaining Peninsula International PTE Ltd’s expertise for local operations.

More about IGas Energy

Star Energy Group PLC operates in the energy sector, focusing on geothermal development. Its primary services include exploration and development of geothermal energy projects, with a notable presence in the Pannonian Basin in Croatia.

Average Trading Volume: 270,523

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £9.4M

See more insights into STAR stock on TipRanks’ Stock Analysis page.

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