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Enna Geo acquires IGeoPen from Star Energy

PRIVATEOct 14, 2026

Acquiring Company

ENNA

Acquired Company

IGeoPen d.o.o

CroatiaCroatiaEnergyRenewable EnergyBiomass EnergyEnergyOil And GasRenewable EnergySolarBiomass Energy

Description

Star Energy Group has completed the sale of its Croatian subsidiary IGeoPen d.o.o. to Enna Geo d.o.o. This transaction allows Star Energy to refocus on its oil and gas operations while releasing cash and removing future commitments. The sale brings in initial cash consideration and potential earn-outs linked to future developments in geothermal energy.

Company Information

Company

ENNA

Location

Croatia

About

ENNA is a diversified energy company involved in energy trading, distribution, and renewable energy production. It aims to broaden its portfolio and become a leading player in the European energy market with a focus on sustainable energy solutions. ENNA is actively pursuing opportunities in the renewable energy sector. The company emphasizes clean energy sources in its growth strategy.

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Frequently asked

Who acquired IGeoPen d.o.o?

IGeoPen d.o.o was acquired by ENNA, based in Croatia. The deal was reported on October 14, 2026. ENNA is a diversified energy company involved in energy trading, distribution, and renewable energy production. ENNA is privately held and operates in Energy.

When did ENNA acquire IGeoPen d.o.o?

ENNA's acquisition of IGeoPen d.o.o was reported on October 14, 2026. Star Energy Group has completed the sale of its Croatian subsidiary IGeoPen d.o.o. to Enna Geo d.o.o. This transaction allows Star Energy to refocus on its oil and gas operations while releasing cash and removing future commitments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does IGeoPen d.o.o do?

IGeoPen d.o.o. operates in the geothermal energy sector. The company was a subsidiary of Star Energy Group focused on geothermal licenses in Croatia. IGeoPen was involved in the development of geothermal power plants. It is privately held, operating in Energy, and is based in Croatia.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.