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LONDON (Alliance News) - Gore Street Energy Storage Fund PLC said Thursday that it acquired two additional UK energy storage projects with a capacity of 19 megawatts.
Following the acquisition, the energy storage fund's portfolio includes four assets with a capacity of 29 megawatts.
The new projects, acquired by Origami Energy, are located in Essex and in London, the company said.
"They have in place all land rights, planning and other consents and grid access rights necessary to start construction and enter operations," the company added.
Gore Street shares were trading up 0.1% at 99.80 pence each.