Corre Energy (CORRE.I, CORRE ID)

  • 21.0
  • 67.9
  • 28.4

    Closing Price (c): 31.0

  • RATING 21/10/21


Company Profile

DUE TO DAVY'S INVOLVEMENT IN CORRE ENERGY'S PROPOSED PLACING, DAVY IS NOW IN A PERIOD OF ORDINARY COURSE RESEARCH. RESTRICTIONS THEREFORE APPLY TO OUR RESEARCH COVERAGE. Corre Energy is a pure play hydrogen and energy storage company. It is a vital element of the energy transition value chain, providing a fully decarbonized energy storage system that is essential for stabilizing the electricity grid. It uses compressed air energy storage (CAES) with hydrogen, which is a proven technology. It has clear first mover advantages.

Major Shareholders%
Bloomsbury Holding Limited36.7
Lorlen Investments Limited18.7
Air Corre Limited7.0
Statum Limited 5.5