Coro Energy PLC has announced that it has restructured its arrangements with its partners in Vietnam, increasing its equity interest in its Vietnamese venture from 85% to 92.5%. The restructuring comes in anticipation of the rollout of the recently announced 50MW rooftop solar project in Vietnam. Invest Gains Viet Nam Company Limited, the Company's partner in Vietnam, has agreed to sell 7.5% of its 15% equity interest in Coro Renewables VN1 Joint Stock Company to Coro Energy. The consideration for this transaction is up to approximately US$290,000, comprising of an immediate cash payment of US$100,000 and shares of the Company priced at £0.004 per share. The shares will be issued when the Company has secured sufficient authority from its shareholders at the next Annual General Meeting likely to be in June 2024 or a General Meeting if earlier.