Corre Energy reports €2M profit in H1 2024, recovering from a €9.9M loss, with plans to cut costs and focus on German projects.

Corre Energy reported a €2 million profit in H1 2024, recovering from a €9.9 million loss last year, largely due to financial adjustments and a tax credit. Despite a slight decrease in operating loss to €5.9 million, the company plans to cut operational costs and focus on projects in Germany. Additionally, it is pursuing a joint venture in the Netherlands and aims to secure a strategic investor, though finalization may be delayed until 2025.

September 30, 2024
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