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Corre Energy BV - Groningen, Netherlands-based renewable energy storage solutions and green hydrogen producer - Notes increased demand for its long duration energy storage services, and has started the process for securing a long-term offtake agreement for the Zuidwending ZW1 project.
Several investment-grade parties have submitted offers for its long-term offtake of 10 to 15 years for full output of the project. The outcome of the process is expected to conclude within the first half of 2022.
Current stock price: €1.21
12-month change: up 10%
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