Gore Street En. Regulatory News (GSF)

Hardman & Co Research on Gore Street Energy Storage Fund plc (GSF): October 2022 Investor Forum – Riding the BESS boom 

Despite a sharp share price fall of late, investor interest in Battery Energy Storage Systems (BESS) technology continues to grow, as it addresses many of the intermittency problems caused by rising renewable energy generation. The UK’s two leading BESS players, which supply power grid-related technical services, are Gresham House Energy Storage (GRID) and Gore Street Energy Storage (GSF); they are capitalised at £869m and £500m, respectively. Other Renewable Energy Infrastructure Funds (REIF), 22 of which are now quoted, are moving into the BESS space. Most recently, the turmoil in the UK gas market provides further opportunities for funds with BESS operations.

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https://hardmanandco.com/research/corporate-research/october-2022-investor-forum-3/

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Alex O’Cinneide, CEO of Gore Street Energy Storage Fund, concluded the Investor Forum presentations with a snapshot of the company’s diverse portfolio of energy storage investments – a unique asset class in its own right. Delivered to investors as a reliable dividend/income play, the company was presented as a well-established business, with a longstanding, strong financial performance.

Please click here to watch Gore Street Energy Storage Fund’s presentation.

To view the full Investor Forum please click here.

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