Italian EIB backed fund makes long-term strategic investment into Corre Energy

9 June 2021 Corre Energy BV (“Corre Energy” or “the company”) and Italian Energy Efficiency Fund II (“IEEF”) managed by Fondo Italiano per I’Efficienza Energetica SGR S.P.A (“FIEE”), have today signed a long-term equity-linked funding agreement for the strategic development of the company. IEEF will invest up to EUR 20 million in Corre Energy, and the funds will be used for bringing its flagship hydrogen based storage projects in the Netherlands and Denmark to financial close alongside the strategic development of the company’s EU project pipeline, integrating renewables and