The UK-based Gore Street Energy Storage Fund (GSF) has finalised a deal to acquire a 200MW construction-ready energy storage project from Kona Energy for an undisclosed sum. Located in Heysham, England, the
A roundup of battery storage news in the UK, with projects from Centrica, Pulse Clean Energy, Habitat Energy and Gore Street, as the country''s operational capacity reaches over 3GW. The flurry of project news, alongside
No securities of Gore Street Energy Storage Fund plc (the "Company") have been or will be registered under the US Securities Act of 1933, as amended (the "Securities Act") or under the securities laws of any state or other jurisdiction
Gore Street Capital GSF is London''s first listed energy storage fund, with a diversified portfolio located across five electrical grids. Energy storage is the facilitator of renewable growth worldwide, playing a crucial role in the UK
Lower Road, a 10MW battery storage asset in Gore Street''s portfolio. Image: Gore Street. London Stock Exchange-listed battery storage investment fund Gore Street has completed the acquisition of a 90% stake in
Nidec Group will be supplying turnkey systems and EPC (engineering, procurement and construction) services for Gore Street''s Ferrymuir and Stony battery storage sites (49.9MW and 79.9MW respectively).
Gore Street Energy Storage Fund has acquired a 200MW battery storage project in development by Kona Energy. It marks the stock exchange-listed energy storage investment fund's single largest project acquisition to date, bringing its total portfolio of contracted or operational battery energy storage system (BESS) assets to 898MW.
Gore Street’s Drumkee BESS, in the Republic of Ireland. Image: Gore Street. Gore Street Energy Storage Fund has acquired a 200MW battery storage project in development by Kona Energy.
Gore Street’s Drumkee battery storage system, which was called on after two gas generators tripped on 22 November. Image: Gore Street. 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.
Nevertheless, while Britain’s market continues to be attractive for battery storage, and Gore Street has fixed price EPC contracts in place for all projects under construction in Britain, the fund’s reach has been extended beyond the market it started off in, adding to its portfolio in Ireland, Germany and the US.
Gore Street pointed out today that being connected to the transmission grid and not to the distribution network opens up additional revenue opportunities and this is the company’s second transmission-connected asset after Enderby, a 50MW project acquired in mid-2021.
Gore Street Capital Limited is an entity authorised and regulated by the Financial Conduct Authority, to act as the Alternative Investment Fund Manager ("AIFM") to the Gore Street Energy Storage Fund PLC. The value of investments may fall as well as rise.
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