REG - Coro Energy PLC - Wind Project - Endorsement by Department of Energy

Coro EnergyAnnouncement

12/10/2022 07:00

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RNS Number : 5568C  Coro Energy PLC  12 October 2022

12 October 2022

 

Coro Energy PLC

("Coro" or the "Company" and together with its subsidiaries the "Group")

 

Philippines Wind Project - Endorsement by Department of Energy

 

Coro Energy PLC, the South East Asian energy company with a natural gas and
clean energy portfolio, announces the endorsement by the Philippines
Department of Energy of Coro's Area of Interest ("AOI") for its first 100MW
wind project.

 

The Company's proposed AOI for its onshore Oslob Wind Power Project in Oslob,
Cebu, which covers a 4,617 hectare area, has now been authorised to proceed
with the filing of a wind energy service contract application. This is a
critical gateway to initiating the formal permitting process and enabling the
installation of a metalogical mast for the further collection of wind data.
The Company expects to file the application for a wind energy service
contract, which reserves the AOI, to the Philippines Department of Energy
prior to the end of November 2022.

 

Further announcements will be made, as appropriate.

 

 For further information please contact:

 Coro Energy plc                            Via Vigo Consulting Ltd

 James Parsons, Executive Chairman

 Ewen Ainsworth, Chief Financial Officer

 Cenkos Securities plc (Nominated Adviser)  Tel: 44 (0)20 7397 8900

 Ben Jeynes

 Katy Birkin

 Vigo Consulting (IR/PR Advisor)            Tel: 44 (0)20 7390 0230

 Patrick d'Ancona

 Charlie Neish

 WH Ireland (Broker)                          Tel: 44 (0)20 7220 1670 / 44 (0)113 946 618

 Harry Ansell

 Katy Mitchell

 Gneiss Energy Limited (Financial Advisor)    Tel: 44 (0)20 3983 9263

 Jon Fitzpatrick

 Doug Rycroft

 

 

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