Diversified group PT Barito Pacific Tbk (BRPT), controlled by Prajogo Pangestu, in April 2018 acquired 66.7% shares of Star Energy Group Holdings Pte Ltd for US$755 million, as BRPT committed to developing its business in the energy sector. It established a new subsidiary, PT Indo Raya Energy, engaging in the coal-based power generation sector.To subscribe please click here