Gore Street Energy Storage (GB:GSF) has released an update.
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Gore Street Energy Storage Fund has expanded its financing capabilities, increasing its project finance facility for the Big Rock project in California to $90 million and its revolving credit facility with Santander Group to £100 million. These financial enhancements support the company’s growth ambitions, including completing ongoing projects and exploring new opportunities. With substantial revenue contracts and tax credits secured, Gore Street is well-positioned for future expansion in the energy storage sector.
For further insights into GB:GSF stock, check out TipRanks’ Stock Analysis page.