Colombia
Press Release

NG Energy announces strategic alliance with Cox Energy and launches renewable energy division

Bnamericas Published: Thursday, December 08, 2022

NG Energy International release

VANCOUVER, B.C., December 08, 2022 – NG Energy International Corp. (“NGE” or the “Company”) (TSXV: GASX) (OTCQX: GASXF) is pleased to announce that the Company has entered into a strategic alliance with COX Energy America S.A.B. de C.V. (BIVA/BMV:COXA) ("COX ENERGY"), a regional Latin American developer, operator and producer of renewable energy with more than 2,400 MWp of solar energy projects in its portfolio. With this new partnership, NGE and COX ENERGY will explore opportunities to develop, build and own solar power plants in Colombia. 

NGE is fully committed to fueling the clean energy transition in Colombia and providing a sustainable solution to the country’s energy needs. In collaboration with COX ENERGY, NGE will launch a renewable energy division in order to decarbonize and minimize the environmental impact of its operations and contribute to Colombia’s emissions reduction commitment. The division will be led by Santiago Suárez-Florez, former Latam operations manager of Renergetica SpA, a worldwide renewable energy developer listed on the Milan Stock Exchange (MIL).

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