Gore Street Energy Storage Fund has raised gross proceeds of £150 million from an initial issue, which is to be used to pursue its 1.3GW pipeline.
Gore Street Energy Storage Fund is looking to raise £75 million via the issue of 68,181,818 new ordinary shares to fund the acquisition and construction of a new pipeline.
Gore Street Energy Storage Fund is eyeing changes that would allow it to invest a greater percentage of its assets into projects outside of the UK and Republic of Ireland.
Gore Street has acquired a portfolio of eight energy storage assets in Texas, as it continues to target international expansion.
Gore Street Energy Storage Fund's Kilmannock battery energy storage system (BESS) in Co. Wexford, Ireland, has received an additional grid volume allocation of 90MW, building on the 30MW currently secured.
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.
A potential 80MW acquisition - plus Gore Street Energy Storage Fund's 1.3GW development pipeline - is to be funded by the net proceeds of the company's latest £135 million fundraise.
Gore Street Energy Storage Fund is proposing a new issue of ordinary shares at 102 pence per share to raise further capital for its development pipeline of 1.3GW.
Gore Street Energy Storage Fund’s two Northern Ireland batteries have been completed, taking its operational portfolio up to 210MW.
Gore Street Energy Storage Fund’s two 50MW battery assets in Northern Ireland are in the final stages of construction and testing, the company announced.
A battery storage site in Northern Ireland developed by Low Carbon and Gore Street Energy Storage Fund has been energised.
Gore Street Energy Storage Fund has applied to triple its capacity in the Republic of Ireland, up to a total of 180MW.
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 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.