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Indonesian geothermal giant PT Barito Renewables prepares $228 m IPO on local stock exchange

ThinkGeoEnergy

Indonesian PT Barito Renewables energy Tbk is preparing an IPO on the Indonesian stock exchange, joining fellow geothermal operator PT Pertamina Geothermal Energy Tbk., Looking at the Performance of Barito Renewables Energy (BREN), Prajogo Pangestu’s New IPO Barito Renewables Energy (BREN) IPO schedule, aiming for IDR 3.51

Energy 105
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Geothermal operator PT Barito announces new details on IPO

ThinkGeoEnergy

We had previously reported on the initial announcement of the IPO just a few weeks ago. The IPO is seen to raise a total of 3.13 According the publish prospectus, the proceeds from the IPO will be used for debt repayment to the Bangkok Bank Pcl and to finance the purchase of geothermal power plants in Java.

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Rivian files for IPO at $80 billion valuation

Charged

The Irvine, California-based EV startup has submitted its S-1 registration to the Securities and Exchange Commission, and hopes to make its IPO around the Thanksgiving holiday. Wall Street seems to consider the IPO announcement a promising development for Rivian’s backers—shares in Amazon and Ford both showed healthy gains on the news.

Startups 119
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Salak binary geothermal power plant in Indonesia targets COD by end of 2023

ThinkGeoEnergy

The IPO was oversubscribed by 135 times, and BREN was successful in raising funds of around IDR 3.13 According the published prospectus, the proceeds from the IPO will be used for debt repayment to the Bangkok Bank Pcl and to finance the purchase of geothermal power plants in Java. trillion (approx. USD 198 million).

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Pertamina earmarks $550 million budget for 1 GW geothermal capacity target

ThinkGeoEnergy

The company has ramped up efforts to raise funds in the last year, raising USD 597 million with an IPO in early 2023 and another USD 400 million after issuing green bonds in mid-2023. PGEO currently has a total capacity of 1,887 MW – 672 MW that are under their direct management, and 1,205 MW managed under Joint Operation Contracts.

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Pertamina Geothermal enters Indonesia’s LQ45 stock index

ThinkGeoEnergy

PGEO joined the IDX in early 2023 with an IPO price ranging from IDR 875 to 880 per share. The post Pertamina Geothermal enters Indonesia’s LQ45 stock index first appeared on ThinkGeoEnergy - Geothermal Energy News. It is trading at IDR 1315 per share as of closing at 29 January 2024. Source: Kontan.co.id

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Geothermal and Lithium firm Arverne going IPO in France

ThinkGeoEnergy

the company at more than EUR 300 million, the exact figure will only be known once the IPO is effective. For this, Arverne is counting accelerate in geothermal energy thanks to its IPO, but will have to finance its largest projects, particularly relating to lithium, through debt and other fundraising. “ The operation values ??the

Lithium 59