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An announcement from IGas Energy ( (GB:STAR) ) is now available.
Star Energy Group plc has completed the sale of its non-core asset, the Holybourne site in Alton, Hampshire, for £6.3 million. This move is part of the company’s strategy to streamline operations and concentrate on core assets, with the proceeds aimed at deleveraging the business and supporting ongoing projects.
More about IGas Energy
Star Energy Group plc operates in the energy sector, focusing on the management and development of energy assets. The company is involved in the production and distribution of energy resources, with a strategic emphasis on optimizing its core assets to enhance operational efficiency.
YTD Price Performance: -6.65%
Average Trading Volume: 142,027
Technical Sentiment Signal: Strong Buy
Current Market Cap: £8.79M
Learn more about STAR stock on TipRanks’ Stock Analysis page.