Gore Street Energy Storage Fund has raised £23.7 million through a new share placing.
London Stock Exchange-listed energy storage fund Gore Street has outlined how it sees Japan as a “very interesting market” following its investment from JXTG Nippon Oil & Energy Corporation.
Gore Street has acquired a further 131MW energy storage portfolio, including an operational portfolio of 81MW.
Gore Street Energy Storage Fund has sealed the deal to acquire a 100% interest in a 50MW energy storage system in Scotland.
Gore Street Energy Storage Fund has awarded NEC Energy Solutions EPC and long-term O&M contracts for 100MW of storage.
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.