IGas Energy (GB:STAR) has released an update.
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Star Energy Group plc has fortified its Croatian operations by securing a €5.2 million cash backing for performance guarantees through Tokio Marine Europe S.A., in support of its subsidiary’s exploration licenses. This financial move leverages funds from the company’s Kommunalkredit Austria AG facility and asserts its commitment to geothermal interests in Croatia, held by a 51% stake in A14 Energy Limited.
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