gore street

Gore Street has acquired a portfolio of eight energy storage assets in Texas, as it continues to target international expansion.

Gore Street has completed the acquisition of a 90% stake in a 28MWh operational energy storage asset in Cremzow, Germany, as the company plans to “aggressively” pursue certain international markets.

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.

Eirgrid and ESB Networks have released the full list of renewable energy projects to receive grid connection offers in Ireland through their enduring connection policy (ECP) process, with solar PV representing the majority of these.

Gore Street Energy Storage Fund has acquired an 80MW energy storage project from RES, having also entered into exclusivity with the renewable energy company for over 300MW of assets.

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’s two Northern Ireland batteries have been completed, taking its operational portfolio up to 210MW.

Gore Street Energy Storage Fund has raised gross proceeds of £60 million from an initial placing, offer for subscription and intermediaries offer.

Gore Street Energy Storage Fund’s NAV has risen by 1.7% in its latest quarterly results.

Gore Street Energy Storage Fund has raised £23.7 million through a new share placing.