Gore Street Energy Storage Fund, one of two stock exchange-listed investment funds in the UK dedicated to energy storage, is proposing a new issue of ordinary shares at 102 pence (US$1.41) per share to raise further capital for its development pipeline of 1.3GW.

A look at this morning’s Energy Storage Summit 2021 keynote discussion, ‘What is the key for really making money from batteries?’ and the panel’s thoughts on the increasingly complex range of revenue pathways.

Barriers have been removed allowing for battery storage projects five times the size as the current limit in Britain, in a move hailed as a “significant, positive and well-timed” step.

UK-based Gresham House Energy Storage Fund has sealed the deal on its latest battery optimisation agreement.

UK-based Gresham House Energy Storage Fund has had an active month, ringing in 2020 with a slew of asset acquisitions and optimisation deals.

UK battery storage investor Gresham House has turned to EDF Energy and energy tech firm Upside Energy to optimise revenues from a 20MW storage project in the UK.

Managing investor expectations and monetising demand for flexibility are key to future-proofing the industry’s business case, financiers stress at Energy Storage Summit.