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Vietnam: Coro Energy announces proposed acquisition of Vietnamese solar portfolio

Vietnam: Coro Energy announces proposed acquisition of Vietnamese solar portfolio
12 Jul 2021
Coro Energy, the South East Asian energy company focused on leading the regional transition to a low carbon economy, has signed binding Heads of Terms to acquire rights over a portfolio of
150MW rooftop solar projects in Vietnam from
Vinh Phuc Electrical Mechanical Installation Co, trading as Vinh Phuc Energy JSC ( VPE ), commencing with a 5MW pilot project.
Highlights
· Low cost entry for Coro into the fast growing Vietnamese energy sector as an independent power producer
· Coro to acquire 85% equity interest in a newly formed joint venture to be named Coro Renewables Vietnam (the JV ) in exchange for initial funding by Coro of US$500,000 to immediately develop a 5MW pilot rooftop project through to Ready to Build status ....

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Coro Energy to acquire Vietnamese Solar Portfolio | 12 July 2021

Coro Energy to acquire Vietnamese Solar Portfolio | 12 July 2021
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Proactive news headlines: MGC Pharmaceuticals Ltd, Westminster Group PLC, Voyager Life PLC, Coro Energy PLC...

Proactive news headlines: MGC Pharmaceuticals Ltd, Westminster Group PLC, Voyager Life PLC, Coro Energy PLC...
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Investegate |Coro Energy PLC Announcements | Coro Energy PLC: ion Ventures: £150m partnership on UK assets

Investegate |Coro Energy PLC Announcements | Coro Energy PLC: ion Ventures: £150m partnership on UK assets
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Proactive news headlines: AdEPT Technology Group PLC, Circle Property PLC, British Lithium Ltd, Power Metal Resources PLC...

Proactive news headlines: AdEPT Technology Group PLC, Circle Property PLC, British Lithium Ltd, Power Metal Resources PLC...
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