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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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