Overview
Description
Gore Street Energy Storage Fund plc is a closed-ended investment company and London's first listed energy storage fund. Its primary objective is to deliver a sustainable and attractive dividend over the long term by investing in a diversified portfolio of utility-scale energy storage projects, while pursuing capital growth through reinvestment of excess cash flows. The fund manages 28 projects with a total capacity of 1.16 GW, spread across five electrical grids in the UK, Republic of Ireland, and Northern Ireland, including key holdings like GSF Other OECD SPV and GSF GB SPV. Operating in the renewable energy infrastructure sector, it plays a crucial role in facilitating grid stability and the transition to cleaner energy systems by storing and dispatching electricity efficiently. Launched in May 2018 and domiciled in the United Kingdom, Gore Street Energy Storage Fund plc offers quarterly dividends and maintains an ongoing charge around 1.4%, underscoring its position as a significant player in the growing energy storage market.
About
Instrument type
Closed-end fund
Country
United Kingdom
MIC code
BCXE