Corre Energy: powering up its global energy storage growth plans
Corre Energy listed on Euronext Growth in 2021, a market operated by Euronext Dublin, following investment by Aircore which recognised the high-growth potential of the business. In recent years the company has successfully delivered key financial, operational and corporate development milestones. This includes its first project commercial close at its project in the Netherlands following a world-first offtake agreement with international energy company, Eneco.
Corre Energy also recently entered the new markets of Germany and the US to help build its international portfolio. In addition, a major global technology agreement has been signed with Siemens Energy to help deliver a consistent, scalable solution across multiple markets.
The strategy is working to deliver value to investors, commercial stakeholders, governments, communities and employees alike. The company has further attracted new funding and seen a threefold increase in the company value. This comes as governments and industry recognise the vast needs for both renewables and the importance of long duration energy storage – in other words storing energy for multiple days and at scale. This all points to a high impact, high growth future for Corre Energy and its stakeholders.
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