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CORO ENERGY PLC

Regulatory Filings Oct 12, 2022

7579_rns_2022-10-12_97598519-e77f-42ec-9e3f-740e80835259.html

Regulatory Filings

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National Storage Mechanism | Additional information

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

James Parsons, Executive Chairman

Ewen Ainsworth, Chief Financial Officer
Via Vigo Consulting Ltd
Cenkos Securities plc (Nominated Adviser)

Ben Jeynes

Katy Birkin
Tel: 44 (0)20 7397 8900
Vigo Consulting (IR/PR Advisor)

Patrick d'Ancona

Charlie Neish
Tel: 44 (0)20 7390 0230
WH Ireland (Broker)

Harry Ansell

Katy Mitchell
Tel: 44 (0)20 7220 1670 / 44 (0)113 946 618
Gneiss Energy Limited (Financial Advisor)

Jon Fitzpatrick

Doug Rycroft
Tel: 44 (0)20 3983 9263

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