Gore Street Energy Storage unveils capital allocation strategy
30th Jul 2025 14:17
(Sharecast News) - Gore Street Energy Storage Fund unveiled a comprehensive capital allocation strategy aimed at enhancing shareholder value on Wednesday, following the completion of an independent review led by Alexa Capital.
Read moreGore Street Energy Storage reports modest NAV total return
17th Jul 2025 14:19
(Sharecast News) - Gore Street Energy Storage Fund reported a modest 1.1% net asset value total return for the year ended 31 March on Thursday, supported by a steady operational performance, the sale of US tax credits, and strong deployment of AI-led energy trading.
Read moreGore Street Energy Storage sells last tranche of US tax credits
14th Jul 2025 10:27
(Sharecast News) - Gore Street Energy Storage Fund announced the sale of its final tranche of US investment tax credits on Monday, securing a total of $84m from its Dogfish and Big Rock projects, surpassing previous guidance and delivering what the company described as "strong commercial terms".
Read moreGore Street Energy declares quarterly dividend, cuts management fees
18th Jun 2025 12:37
(Sharecast News) - Gore Street Energy Storage Fund declared a 1p per share quarterly dividend on Wednesday, and said it expected to pay a special dividend of 3p later in the year, as proceeds from US investment tax credits (ITCs) become available.
Read moreGore Street Energy energises remaining in-construction assets
24th Feb 2025 11:31
(Sharecast News) - Gore Street Energy Storage Fund announced the successful energisation of its remaining in-construction assets on Monday, marking a significant step in transitioning to a steady-state portfolio.
Read moreGore Street Energy Storage secures 12-year contract for Big Rock
18th Oct 2024 11:02
(Sharecast News) - Gore Street Energy Storage Fund announced on Friday that it has secured a 12-year fixed-price resource adequacy (RA) contract for its California-based asset, Big Rock, with Goldman Sachs subsidiary J Aron & Company.
Read moreGore Street Energy Storage posts solid set of results
15th Jul 2024 11:21
(Sharecast News) - Gore Street Energy Storage Fund reported a strong set of audited results for the financial year ended 31 March on Monday, with robust revenue generation, increased operational capacity, and a solid balance sheet.
Read moreGore Street hands contractor £16m stake in share placement
19th Dec 2023 07:09
(Sharecast News) - Energy storage investment firm Gore Street Energy Storage Fund has announced a share placement worth £15.8m to hand over 14m shares to long-term strategic partner Nidec Motor Corporation in return for more engineering, procurement and construction (EPC) work.
Read moreGore Street Energy buys Ferrymuir project in Scotland
22nd Jun 2020 13:47
(Sharecast News) - Energy storage fund Gore Street Energy announced on Monday that it has agreed to acquire a 100% interest in Ferrymuir Energy Storage - a 50MW energy storage project.
Read moreGore Street Energy resumes construction on Northern Ireland assets
12th May 2020 10:33
(Sharecast News) - Energy storage fund Gore Street Energy said on Tuesday that construction has resumed on its two 50MW assets in Northern Ireland, adhering to the strict social distancing measures stipulated by the UK government.
Read moreGore Street Energy Storage awards contracts for Northern Ireland projects
10th Jan 2020 15:21
(Sharecast News) - Gore Street Energy Storage Fund has awarded fixed-price engineering, procurement and construction (EPC) contracts and long-term operations and maintenance contracts to NEC Energy Solutions, for 100MW of energy storage projects in Northern Ireland, it announced on Friday.
Read more