5 November 2024
Corre Energy B.V.
("Corre Energy" and the "Company")
Director resignation
Corre Energy, the leading developer of long duration energy storage announces that Keith McGrane has resigned from his positions as executive director and Chief Executive Officer ("CEO"), effective 4 November 2024.
Mr. McGrane has decided to step down from this role to pursue other personal interests. The Company thanks Mr. McGrane for contributions during his tenure as CEO since the Company's Initial Public Offering in September 2021.
The Board acknowledge Mr. McGrane's contributions to the Company and wishes him all the best in his future endeavours.
An executive search has commenced to find a suitable candidate to fill the position of CEO. In the interim, Patrick McClughan, previously serving as Chief Strategy Officer for the Company, has been appointed by the Board to assume the responsibilities of executive director and CEO in accordance with the Company's articles of association. The Company will convene a general meeting for the appointment of a new CEO in due course.
For further information, please contact:
Corre Energy B.V.
ir@corre.energy or +31 (0) 50 799 5060
Davy (Euronext Growth Listing Sponsor)
Anthony Farrell Davy Corporate Finance
anthony.farrell@davy.ie or +353 (0)1 6149993
ABOUT CORRE ENERGY: Corre Energy designs, develops, constructs, and operates utility-scale Long Duration Energy Storage projects in Europe and North America. Through our project development activities, Corre Energy is working to accelerate the energy transition to net zero, while enhancing the security and flexibility of large-scale energy systems.
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