Star Energy completes $580m green bond offering

This offer is to fund its acquisition of two of Chevron's geothermal assets.

Star Energy Geothermal has completed $580m green bond offering and will be issuing these on April 24. The 15-year tenor notes will mature by 2033, whilst the first coupon payment will be slated for October 24, 2018.

The proceeds of the bond issuance will refinance debt for funding the acquisition of tewo of Chevron's geothermal assets, Salak and Darajat geothermal fields.