Star Energy Strengthens Croatian Ventures with €5.2M Backing
Company Announcements

Star Energy Strengthens Croatian Ventures with €5.2M Backing

IGas Energy (GB:STAR) has released an update.

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.

For further insights into GB:STAR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskStar Energy Sells Non-Core Land for £6.3 Million
TipRanks UK Auto-Generated NewsdeskStar Energy Sells Non-Core Land for £6.3 Million
TipRanks UK Auto-Generated NewsdeskStar Energy Expands Share Incentive Plan on AIM
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App