Coro Energy PLC (LON:CORO) CEO Mark Hood talks to Proactive Investors London about the potential to add value for shareholders over the next year by focussing on renewables. This comes as the company released its financial results statement for 2020.
Coro, once known for its oil and gas interests is now being positioned towards renewable energy and is supporting the transition from fossil fuels to two clean energy projects in south east Asia, which Mark updates us on.
Although Coro Energy focusses on low carbon energy investments, it's also supported by a high quality gas asset in Indonesia which Mark brings investors up to date on. Advancing interests in wind and solar projects in the Philippines, following recent acquisitions, and retaining gas assets in the region – assets in Italy are now deemed non-core and are being slowly shed.