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Coro Energy Plc tidying up and positioned as energy transition opportunity

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.

Oil price, Hurricane, Coro, Echo, Trinity, Advance Energy And finally…

Oil price, Hurricane, Coro, Echo, Trinity, Advance Energy. And finally… Oil is unchanged this morning but was up last week, WTI by $3.81 and Brent $3.82, some 6.4% and 6.1% respectively. This was because, as noted at the time all the economic data from the US and pretty much from China was overwhelmingly positive. WTI $63.13 -33c, Brent $66.77 -17c, Diff -$3.64 +16c, NG $2.68 +2c, UKNG 52p +1p Oil price Oil is unchanged this morning but was up last week, WTI by $3.81 and Brent $3.82, some 6.4% and 6.1% respectively. This was because, as noted at the time all the economic data from the US and pretty much from China was overwhelmingly positive. In the US the vaccine programme is kicking in very strongly as it has in the UK and as and when other Governments around the world pull their fingers out and cut the dogma and get the jabs in the better it will be.

Coro Energy PLC (AIM:CORO) | RNS | Coro Energy PLC

Coro Energy PLC (AIM:CORO) | RNS | Coro Energy PLC
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Coro Energy announces operational update

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

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