Corre Energy

New forecasts transform the outlook on the GHH and pipeline projects

  • May 3 2022, 07:30 IST/BST
  • Colin Grant
  • Company Report
  • 20 page(s)
  • Sectors : Renewables
  • Companies : Corre Energy

Ratings and price correct at time of issue.

  • Corre Energy

    Closing Price: 185c

  • RATING 21/10/21

  • PREVIOUS RATING N/A

DAVY VIEW

We have upgraded our net present value (NPV) forecasts for Corre Energy’s two live projects, ZW1 and GHH. This reflects a more optimistic pricing outlook as well as lower expected capex on GHH as a more capital efficient business model has evolved. The GHH and pipeline projects now offer highly attractive returns.

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May 3 2022, 07:30 IST/BST

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