Vision Energy (OTC: VENG) has provided a corporate and project development update. Among the results for the fiscal year ended Dec. 31, 2022, the company highlighted its sale of VoltH2 Dutch Subsidiaries, resulting in $11.25 MM injection of cash from sale proceeds to paid in capital as part of stockholders’ equity, as well as the acquisition of Evolution Terminals B.V. inclusive of 14 H.A. In addition, Vision Energy highlighted further 2022 fiscal year accomplishments, including its engagement of Linde Engineering to accelerate engineering development, the securing of an additional 2 H.A. of land contiguous to existing 14 H.A., as well as expansion of its project management and development team. “Our investments in partnerships, coupled with our expanding development team and accelerated development process has proven to be effective in attracting new partners and expanding existing relationships,” said VENG Chief Executive Officer Andrew Hromyk.
To view the full press release, visit https://ibn.fm/fgQrH
About Vision Energy Corp.
Vision Energy identifies energy commodities and focuses on originating and developing energy infrastructure projects and assets, which facilitates the energy transition through low-carbon energy solutions. The company leverages its experienced team with a vast proven track-record in site procurement, accelerating development permitting, facilities design, engineering studies and project management to deliver an efficient and method driven project development process. Vision pursues commercial relationships and operating partnerships with energy industry participants and off-takers seeking carbon abatement across feedstock and fuels. Vision Energy is committed to providing low carbon energy solutions whilst targeting an attractive investment yield, by utilizing and leveraging existing gas, power and logistics infrastructure to enable import and or distribution of reduced-carbon energy for domestic and global value chains. For more information about the company, visit www.VisionEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to VENG are available in the company’s newsroom at https://ibn.fm/VENG
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