Vision Energy (OTCQB: VENG) today provided a project development update on the company’s Green Energy Hub in the North Sea Port of Vlissingen, the Netherlands. According to the update, Vision Energy, through its wholly owned subsidiary Evolution Terminals BV, is concluding remaining requisite studies to support filing permit applications under the Dutch “WABO” process, with targeted first submission by Dec. 31, 2022. The submission includes filing of an environmental permit followed by construction permit application for phase 1 400,000 cubic meters (“CBM”) capacity. The latter will be a phased submission, with each phase designed in accordance with commercial storage requirements for the future planned expansion capacity for green and low-carbon energy products at the terminal. The company is on schedule to file the detailed environmental impact assessment known in the Netherlands as the “MER” (“Milieueffectrapport”) before Jan. 31, 2023, in compliance with the formal process and in close cooperation with the authorities.
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About Vision Energy Corp.
Vision Energy is a forward-looking energy company developing assets and solutions for the commercial, industrial and transportation sectors. Vision Energy leverages its proven track record in site and asset procurement, accelerating development and permitting processes, plant design and grid integration to facilitate low-carbon energy production, supply and distribution. The company pursues reliable offtake relationships and operating partnerships with energy industry participants and end users seeking carbon abatements across feedstock and fuels. Vision Energy is committed to providing low carbon energy solutions with the highest yield, and where possible, projects are designed to leverage existing gas and power infrastructure to integrate and facilitate import and or distribution of reduced-carbon energy to domestic and global supply chains. For more information about the company, visit www.VisionEnergy.com.
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