Gore Street Energy Storage Fund has raised gross proceeds of £3.5 million through a new placing of ordinary shares.
Gore Street’s 9MW Port of Tilbury battery has been switched on, almost doubling the size of the energy storage fund’s operational asset base to 19MW.
Gore Street Energy Storage Fund has received a £9.5 million boost for two storage projects recently awarded contracts in the DS3 flexibility market.
Gresham House has raised £100 million to drive its energy storage fund onto the London Stock Exchange, half the amount planned last month but enough to progress plans to acquire a 70MW seed portfolio.
Gore Street, the UK’s first listed fund targeting energy storage specifically, has acquired two battery storage projects from Origami Energy, taking its portfolio to 29MW across four projects.