Gore Street Energy launches capital raise
Gore Street Energy Storage Fund, is seeking to raise up to £60m, to buy new energy storage projects, following on from fellow battery fund Gresham House that priced a deal last week.
JP Morgan and Shore Capital are acting as bookrunners on the transaction.
The company intends to sell up to 60m new shares at £1 each. The deal will be an initial placing and the company intends to do subsequent deals, selling up to 250m new shares....