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.