PetroEnergy Resources Corporation announced that on November 6, 2025, Yuchengco-led Buhawind Energy Northern Luzon Corporation (BENLC) and China's Mingyang Smart Energy Group Ltd. (Mingyang) signed a memorandum of understanding (MOU) for a joint feasibility study of BENLC's planned 2GW wind project in offshore Ilocos Norte. Buhawind Energy and Mingyang Sign MOU on Northern Luzon Offshore Wind Power Project. Former name or former address, if changed since last report.