Corre Energy raises almost €11m from investors

The Dublin-listed energy storage and renewables company had been seeking to raise up to €15m to accelerate its pipeline of projects under development

Corre Energy is listed on the Euronext exchange in Dublin. Picture: Getty

Corre Energy, the Dutch-headquartered energy storage and renewables company, has raised close to €11 million from institutional and other investors as part of its expansion plans.

The company, which is listed on the Euronext exchange in Dublin, announced on Tuesday evening it had raised just under €10.9 million from investors, after it issued almost 6 million new shares to investors at a price of €1.85 per share.

The company had sought to raise up to ...