Corre Energy B.V.

Business: Energy storage

Investment date: June 2021

Fund: IEEF II

Ownership: n. m.

Status: invested

Board member: 1 councillor and 2 auditors

Website: www.corre.energy

Corre Energy develops, builds, and operates underground grid-scale energy storage infrastructures using air-powered hydrogen with green hydrogen storage and production in Northern Europe.

With 11 green hydrogen storage projects in the pipeline, Corre Energy provides solutions for large-scale renewable energy integration.

Corre Energy has been listed on Euronext Dublin since September 2021.

IEEF II invested € 11 million by subscribing to a convertible debt instrument, committing to invest up to € 15 million, increasable to € 20 million at its discretion.

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