Gore Street Energy Storage Fund has acquired a 57MW construction-ready energy storage project in Leicester.
Gore Street Energy Storage Fund saw its NAV increase 192% in the year ending March 2021, as its portfolio continued to expand to 440MW.
Gore Street Energy Storage Fund has acquired an 81MW operating battery storage portfolio from Anesco, as the latter continues its transition from asset owner to services provider.
Gore Street has acquired a further 131MW energy storage portfolio, including an operational portfolio of 81MW.
Gore Street Energy Storage Fund has raised gross proceeds of £3.5 million through a new placing of ordinary shares.
Gore Street Capital’s Energy Storage Fund has fallen someway short of its £100 million fund raising target, securing less than one-third of that figure.
The UK’s first listed fund for energy storage is setting out to raise £100 million for investment in battery projects, with a seed portfolio of an estimated 18MW/20MWh already arranged.