The company is looking forward to multiple value catalysts in the coming period.
Coro Energy PLC (LON:CORO) has this week cleaned up its portfolio, reaffirming its focus and commitment to an ambitious strategy that aims to position it as an attractive energy transition investment opportunity.
The AIM-quoted small-cap energy firm is to balance renewable energy, comprising solar and wind, along with natural gas in South East Asia.
Presently, work is underway to progress flagship wind and solar projects, with each project pencilled in for around 100 megawatts of generation capacity.
The target is to have these key projects in a ‘build-ready’ state by mid-2022, allowing the first revenues to follow around twelve months later.
Malcy s Blog - Oil price, Union Jack, Reabold, Egdon. And finally…
Jersey Oil & Gas (LON:JOG)
JOG has announced the appointment of Les Thomas as an independent NED. This is an exceptional choice by JOG as Les is a well known and highly respected oil industry man, specifically in the North Sea, with a massive reputation from time at Wood Group and perhaps more importantly at Ithaca Energy.
JOG, Coro.
A flash blog this morning, the first for a while and regulars will know that means either a one-off announcement or that I am on the move into town. Today it’s the latter as with lockdown ending I have my first day in the big city…
Coro Energy PLC (AIM:CORO) | RNS | Coro Energy PLC proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
Coro Energy announces operational update
13 Apr 2021
Coro Energy, the South East Asian energy company focused on supporting the regional transition to a low carbon economy, has provided an operational update following the recent acquisition of
Global Energy Partnership Limited and its portfolio of operated renewables projects.
Highlights
Structuring of local Philippines project holding company commenced
Work to progress the flagship 100MW wind and 100MW solar projects in the Visayas region of the Philippines initiated, including discussions on the Energy Service Contracts, local landlord engagement, Environmental Impact Assessment, Grid Impact Assessment and the negotiation of Power Purchase Agreements
Initiation of a comprehensive data gathering campaign at the 100MW onshore Philippine wind project
Coro Energy Plc is advancing solar and wind projects towards first key milestones proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.