Companies
Shares in Corre Energy surge after Dutch group says Ahaus storage facility is 75% complete
The Dublin-listed company is well advanced on its German energy storage projects which will generate net revenues of around €2 billion
Shares in Corre Energy, the Dutch-headquartered renewables company, surged on Tuesday after the company announced it is inching closer to completing two large-scale energy storage projects in Germany.
The company’s share price jumped more than 13 per cent in trading on Tuesday morning to €1.70, which values the group at more than €120 million.
In a update to investors, Corre said construction of two compressed air energy storage (CAES) projects in Ahaus, Germany, is now ...