Energy storage fund lines up £194m placing

By Sam Kerr
06 Apr 2021

Gore Street Energy Storage Fund, a close-end investment fund that invests in UK energy infrastructure assets, has launched a new capital raise to fund a pipeline of energy storage investments.

The fund has lined up a large pipeline of development projects and expects to complete the acquisition of an 80MW project in the coming weeks.

Gore Street is aiming to sell up to 190m new shares at £1.02 per share, to raise up to £194m. The offer price represents ...

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