Group tells investors it expects to reverse plunge in share price as the market understands the sector better
Corre Energy
Renewable energy group Corre Energy saw its value climb 7% in Dublin after it started a share sale to investors
Move gives existing investors the chance to avoid having their stakes diluted by a placing last week
Successful quarterly earnings at US chipmaker Nvidia have boosted technology shares on global markets
Firm says talks continuing with parties interested in making a ‘strategic investment’ in the business
Irish-run but Dutch-based business reveals it had €1m cash at the end of last year, down from €3.4m a year earlier
Renewable energy storage developer’s shares have lost almost 75% of their value over the past 12 months
Energy storage developer has yet to find a way to capture and hold on to shareholder value
Darren Patrick-Green, the company’s largest shareholder, is to step down with immediate effect
Group has agreed ‘offtake arrangements’ with companies for GHH project and will now look to source funding
Companies said they have launched a global collaboration for the deployment of multiday compressed air energy storage
Irish Stock Exchange performs better than European peers but still little on upside for individual stocks.
Meanwhile, as China’s central bank surprised analysists and delivered a smaller than expected cut to lending rates, Asian stocks tumbled, and these policy signals from China also weighed on sentiment in other global markets.
First US project sees energy storage developer acquire project in Texas
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