Profile data is unavailable for this security.
About the company
Gore Street Energy Storage Fund plc is a United Kingdom-based internationally diversified energy storage fund dedicated to the low-carbon transition. The Company seeks to provide shareholders with sustainable returns from their investment in a diversified portfolio of utility-scale energy storage projects. In addition to growth through increasing operational capacity and a considerable pipeline, the Company aims to deliver consistent and robust dividend yield as income distributions to its shareholders. The Company intends to invest primarily in energy storage projects using lithium-ion battery technology as such technology is considered by the Company to offer the best risk/ return profile. The Company invests in projects primarily located in the United Kingdom, the Republic of Ireland, North America and Germany. Its portfolio of lithium-ion energy storage investments has a total capacity of approximately 1.17 gigawatts. The Company's investment manager is Gore Street Capital Limited.
- Revenue in GBP (TTM)2.27m
- Net income in GBP-5.66m
- Incorporated2018
- Employees0.00
- LocationGore Street Energy Storage Fund plcThe Scalpel, 18th Floor, 52 Lime StreetLONDON EC4A 3EBUnited KingdomGBR
- Phone+44 20 4551 7860
- Websitehttps://www.gsenergystoragefund.com/
Profile
| Management group(s) | Gore Street Capital Limited |
|---|---|
| AIC sector | Renewable Energy Infrastructure |
| ISIN | GB00BG0P0V73 |
| Launch date | 25 May 2018 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The investment objective of the Company is to seek to provide investors with a sustainable and attractive dividend over the long term by investing in a diversified portfolio of utility-scale energy storage projects. In addition, the Company seeks to provide investors with an element of capital growth through the re-investment of net cash generated in excess of the target dividend in accordance with the Company's investment policy.
Managed by
| Alex O'Cinneide, Suminori Arima |
|---|
Management & contract fees
A management fee is calculated at the rate of one-fourth of 1% of NAV, performance fee of 10% above a hurdle of 7% of NAV, capped at 50% of the advisory fee in the respect of that period.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| abrdn European Logistics Income PLC | 33.57m | -55.35m |
| Baillie Gifford UK Growth Trust PLC | 3.41m | 389.00k |
| Taylor Maritime Investments Ltd | -33.77m | -42.48m |
| International Biotechnology Trust Plc | 44.54m | 38.88m |
| CC Japan Income and Growth Trust PLC | 64.60m | 60.78m |
| Foresight Ventures VCT PLC | -3.64m | -6.72m |
| Gore Street Energy Storage Fund PLC | 2.27m | -5.66m |
| Intuitive Investments Group PLC | 824.00k | -865.00k |
| Montanaro European Smllr Cmpns Trst PLC | 18.37m | 14.63m |
| B.P. Marsh & Partners plc | 66.35m | 53.60m |
| Blackstone Loan Financing Ltd | 86.30m | 85.10m |
| Tufton Assets Ltd | 63.99m | 60.42m |
| Gresham House Energy Storage Fund PLC | -186.97m | -196.69m |
| Brooks Macdonald Group plc | 128.26m | 6.46m |
| VH Global Sustainable Enrgy Opprtnts PLC | 25.91m | 19.13m |
| Hansa Investment Company Ltd | 96.05m | 91.42m |
Institutional shareholders
| Holder | Shares | % Held |
|---|---|---|
| Rathbones Investment Management Ltd.as of 21 May 2024 | 48.68m | 9.64% |
| Hargreaves Lansdown Asset Management Ltd.as of 31 Mar 2023 | 22.05m | 4.37% |
| EFG Private Bank Ltd.as of 31 Mar 2023 | 18.98m | 3.76% |
| Privium Fund Management BVas of 30 Sep 2024 | 13.36m | 2.65% |
| Charles Stanley & Co. Ltd. (Investment Management)as of 31 Mar 2023 | 12.68m | 2.51% |
| Momentum Global Investment Management Ltd.as of 31 Mar 2023 | 12.68m | 2.51% |
| AJ Bell Asset Management Ltd.as of 31 Mar 2023 | 11.68m | 2.31% |
| Redmayne-Bentley LLPas of 31 Mar 2023 | 10.97m | 2.17% |
| RM Capital Markets Ltd.as of 31 Oct 2024 | 8.23m | 1.63% |
| BlackRock Investment Management (UK) Ltd.as of 30 Sep 2024 | 6.90m | 1.37% |
