Companies

Corre Energy shares rise as funding talks continue

The company’s shares have fallen from €3.08 to €0.85 in the past 12 months

Corre Energy’s struggling share price received a welcome boost on Wednesday. Picture: Post Reporter

Corre Energy’s struggling share price received a welcome boost on Wednesday as the energy storage company confirmed talks with investors were ongoing.

Shares in the Dublin-listed company were up 5.4 per cent at 5.30pm on Wednesday to trade at €0.85 after the company issued a statement saying it had appointed Rothschild & Co as a financial adviser to help it assess its options following investor interest.

At the end March the company revealed it had ...