NG Energy International Corp. announced that the Company has entered into a strategic alliance with COX Energy America S.A.B. de C.V. 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).