Gore Street Energy Storage Achieves Major Capacity Milestone and Advances Shareholder Value Initiatives

Gore Street Energy Storage ( (GB:GSF) ) has provided an update.

Gore Street Energy Storage Fund plc has reached a significant milestone by energising its remaining in-construction assets, achieving a total portfolio capacity of 753.4 MW / 924.1 MWh. This expansion represents a 79% increase in capacity, with all assets expected to be revenue-generating by the end of June 2025. The company continues to pursue Investment Tax Credits, with plans to prioritize shareholder value through potential capital returns or debt repayment. These developments underscore Gore Street’s strategy of international diversification and active management, setting it apart in the energy storage sector.

More about Gore Street Energy Storage

Gore Street Energy Storage Fund plc is London’s first listed and internationally diversified energy storage fund dedicated to the low-carbon transition. The company aims to provide shareholders with sustainable returns from their investment in a diversified portfolio of utility-scale energy storage projects, focusing on growth through increasing operational capacity and maintaining a robust dividend yield.

YTD Price Performance: -3.74%

Average Trading Volume: 1,425,596

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £233.9M

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