HomeDealsStar Energy Group

Star Energy Group

Deal Type
Deal Type
Company sale
Vital Sector
Energy & Sustainability
Completion Date
Completion Date
26th July 2017
Deal Value
Deal Value

Company Background

Star Energy Group is the largest geothermal power plant operator in Indonesia and ranks among the largest in the region. The company has commercially started its first operating unit in 2000 following by the second unit in 2009. In early 2017, the company has acquired two geothermal power plants in Indonesia thus the group currently has total installed capacity of 875 MW.

Deal Summary

Khronos Advisory advised Star Energy Group on the sale of 33% equity stake in Star Energy Group Holdings Pte Ltd to BCPG Public Company Limited, a leading Thailand-based listed company focusing on renewable energy.

Value Added

Khronos Advisory has supported Star Energy Group along the process including:
- Approaching selected potential buyers
- Structuring deal and valuation
- Conducting due diligence with buyer and advisors
- Negotiating the transaction agreements towards the transaction completion

Star Energy Group deal contacts

Key members of the Khronos Advisory deal team crucial in the Star Energy Group transaction

Chayot Vitayanonektavee

Khronos Advisory

Phetmanee Tantipana

Khronos Advisory