Corre Energy

Corre Energy says it needs to diversify funding sources

Group tells investors it expects to reverse plunge in share price as the market understands the sector better

Global markets slip as investors await key inflation data

Renewable energy group Corre Energy saw its value climb 7% in Dublin after it started a share sale to investors

Corre Energy starts share sale to top up €2.12m raised from large investors

Move gives existing investors the chance to avoid having their stakes diluted by a placing last week

European shares close flat as investors rein in hopes for ECB rate cuts

Successful quarterly earnings at US chipmaker Nvidia have boosted technology shares on global markets

Corre raises €2.1m of short-term cash from founders and long-term investor

Firm says talks continuing with parties interested in making a ‘strategic investment’ in the business

Corre may tap investors for short-term cash as third-party talks continue

Irish-run but Dutch-based business reveals it had €1m cash at the end of last year, down from €3.4m a year earlier

Corre hires Rothschild to advise on investment interest in energy storage developer

Renewable energy storage developer’s shares have lost almost 75% of their value over the past 12 months

Former Iseq darling Corre Energy attracts investment interest after share slump

Energy storage developer has yet to find a way to capture and hold on to shareholder value

Corre Energy director quits amid UK tax allegations

Darren Patrick-Green, the company’s largest shareholder, is to step down with immediate effect

Corre Energy strikes deal to edge Denmark project towards completion

Group has agreed ‘offtake arrangements’ with companies for GHH project and will now look to source funding

Corre Energy seals Siemens deal that will help it close pipeline of projects

Companies said they have launched a global collaboration for the deployment of multiday compressed air energy storage

Global shares crushed by rise in US bond yields amid fears Fed may keep interest rates higher for longer

Irish Stock Exchange performs better than European peers but still little on upside for individual stocks.

European shares recover from six-week low as investors’ eyes turn to crucial US Fed meeting

Meanwhile, as China’s central bank surprised analysists and delivered a smaller than expected cut to lending rates, Asian stocks tumbled, and these policy signals from China also weighed on sentiment in other global markets.

Corre Energy targets growth with US investment

First US project sees energy storage developer acquire project in Texas

Corre targets 1.3GW of energy projects in construction by 2026

Dublin-listed company confirms that it had signed an option agreement on over 500MW of projects in Germany

European shares put in best day in two months as techs shine

Main benchmark logs steep weekly decline on growing concerns over slowing global economy and uncertainty around US debt ceiling talks

Corre Energy raises almost €9m from share placing

Company will use proceeds to fund key projects and pursue new opportunities

Corre to sell up to €7m of shares to advance energy storage projects

Proceeds to be used to advance key projects in Netherlands and Denmark

Irish stock exchange ‘optimistic’ on 2023 IPOs

Only three companies have floated in Dublin in the past four years

European shares advance as China reopens borders after three years

Data pointing to milder than expected recession give market rally some additional confidence but lenders miss out

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