NetworkNewsBreaks – Vision Energy Corp. (VENG) I
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Posted On: 01/10/2023 3:29:34 PM
NetworkNewsBreaks – Vision Energy Corp. (VENG) Incorporates Dutch Subsidiaries
Vision Energy (OTCQB: VENG), a forward-looking energy company developing carbon reduced solutions for the commercial, industrial and transportation sector, has incorporated new Dutch subsidiaries. These incorporations are designed to accommodate strategic initiatives for prospective partners, operators and launching customers for VENG’s integrated Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands. According to the announcement, Vision Energy incorporated Vision Hydrogen BV as a project development company to develop, own and operate its planned Ammonia Cracking Facility. The facility will be used for back-cracking imported green ammonia to hydrogen gas as a service and will be combined with the company’s import, storage and handling terminal development in Vlissingen. Vision Energy also incorporated Evolution Terminals Operating BV, a dedicated operating entity planned to jointly own and operate logistics infrastructure under a joint operating agreement, and Evolution Terminals SPV II BV, a special-purpose vehicle, which will be utilized for joint ownership of specific storage assets with a strategic launching customer or partner.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Vision Energy (OTCQB: VENG), a forward-looking energy company developing carbon reduced solutions for the commercial, industrial and transportation sector, has incorporated new Dutch subsidiaries. These incorporations are designed to accommodate strategic initiatives for prospective partners, operators and launching customers for VENG’s integrated Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands. According to the announcement, Vision Energy incorporated Vision Hydrogen BV as a project development company to develop, own and operate its planned Ammonia Cracking Facility. The facility will be used for back-cracking imported green ammonia to hydrogen gas as a service and will be combined with the company’s import, storage and handling terminal development in Vlissingen. Vision Energy also incorporated Evolution Terminals Operating BV, a dedicated operating entity planned to jointly own and operate logistics infrastructure under a joint operating agreement, and Evolution Terminals SPV II BV, a special-purpose vehicle, which will be utilized for joint ownership of specific storage assets with a strategic launching customer or partner.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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