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IGas Energy ( (GB:STAR) ) has provided an update.
Star Energy Group Plc has signed a Memorandum of Understanding with Bring Energy to explore integrating geothermal energy into Southampton’s city-centre heat network. This collaboration aims to decarbonize the existing network and potentially develop a new geothermal-supplied heat network for the northern part of the city. The agreement marks a significant step in delivering clean, reliable heat to UK cities, aligning with Southampton’s net zero ambitions and enhancing energy security.
More about IGas Energy
YTD Price Performance: 0.28%
Average Trading Volume: 155,028
Technical Sentiment Signal: Strong Buy
Current Market Cap: £9.45M
Find detailed analytics on STAR stock on TipRanks’ Stock Analysis page.