Utility and IPP Engie has commissioned a 100MW/100MWh battery energy storage system (BESS) while Gore Street has enlisted Nidec as EPC partner for a 75MW project, both in the ERCOT, Texas market.
The Gore Street Energy Storage Fund’s results for the first half of its financial year have demonstrated the benefits of its internationalisation strategy, though its net asset value (NAV) per share fell slightly.
UK-based investor Gore Street Capital has identified Poland, Hungary and Austria as markets of interest in the CEE region, investment principal John-Michael Cheshire told Energy-Storage.news in a Q&A.
Energy storage funds managed by UK-based Gore Street Capital and Gresham House increased their net asset value (NAV) per share in 2022, but by very different rates.
Investment firms Castlelake and Gore Street Capital have acquired respective battery storage projects in the ERCOT, Texas market totalling nearly 600MW of storage capacity.
London-listed energy storage investor Gore Street Capital CEO Alex O’Cinneide discussed its fund’s recent expansion outside UK/Ireland and which markets are most of interest, in an interview with Energy-storage.news.
UK energy storage investor Gore Street Energy Storage Fund raised £135 million (US$187.89 million) towards deploying a 1.3GW development pipeline, with the funds also to be used for a potential 80MW acquisition for its portfolio of battery projects.