Star Energy Raises $350m From Global Bonds Sale

Star Energy Geothermal-Wayang Windu, which operates one of the largest geothermal plants in Indonesia, raised $350 million from selling seven-year global bonds to investors, the company said in a statement released in Jakarta on Friday.

Star Energy is an independent power producer controlled by tycoon Prajogo Pangestu. It operates the Wayang Windu geothermal plant in West Java, one of the largest geothermal power plant in Southeast Asia’s largest economy.

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Posted March 24, 2013 by repit in News

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