LONDON, UK: Coro Energy PLC, a South East Asian energy company with a focus on natural gas and clean energy, has announced that it will sell its stake in ion Ventures Holdings Ltd to a private US entity, SLT1 LLC, for £1.25 million ($1.59 million) in cash. Coro will receive £1 million upfront and the…
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Coro Energy acquires interest in ion Ventures Holdings Ltd
LONDON, UK: Coro Energy plc has acquired a 20.3% shareholding in ion Ventures Holdings Limited, a South East Asian and UK focused developer of clean energy projects, including renewables and battery storage for cash consideration of £500,000, a company announcement said. Alongside this initial investment, the Company has been granted a priority right of first…