Gore Street Energy Storage Fund

Gore Street Energy Storage Fund

GSF is London’s first listed energy storage fund, with a diversified operational portfolio located across four electrical grids. Learn more

Launch date
Employees
Market cap
€350m
Enterprise valuation
€459m (Public information from Sep 2024)
Company register number 11160422
London England (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2021202220232024202520262027
Revenues15.8m44.4m65.9m(3.3m)49.0m91.0m91.0m
% growth162 %181 %49 %(105 %)(1592 %)86 %-
EBITDA---28.4m36.0m73.0m73.0m
% EBITDA margin---(865 %)73 %80 %80 %
Profit14.6m42.5m63.4m(5.7m)---
% profit margin92 %96 %96 %172 %---
EV / revenue--5.5x-80.7x8.0x3.8x3.5x
EV / EBITDA---9.3x10.9x4.7x4.3x
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DateInvestorsAmountRound
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IPO
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£15.0m

Post IPO Debt
*
N/A

$196m

Post IPO Equity
*

£35.0m

Post IPO Debt
*

$60.0m

Post IPO Debt
*

£15.8m

Post IPO Equity
Total Funding-

Recent News about Gore Street Energy Storage Fund

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More about Gore Street Energy Storage Fundinfo icon
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Gore Street Energy Storage Fund plc is the first listed energy storage fund in London, focusing on investments in energy storage assets across the UK and internationally. The fund plays a crucial role in facilitating the growth of renewable energy, aiding the UK in achieving its carbon neutrality goal by 2050. By building a diversified portfolio of energy storage projects, Gore Street Energy Storage Fund aims to provide a stable and sustainable yield, targeting a 7% return for its investors. The fund's business model revolves around acquiring and managing energy storage assets, which store excess energy generated from renewable sources like wind and solar. This stored energy can then be released back into the grid during peak demand times, ensuring a stable and reliable energy supply. The fund generates revenue through the operation of these storage assets, benefiting from the price arbitrage between low and high demand periods, as well as from grid balancing services. Its clients include institutional investors looking for sustainable investment opportunities with attractive returns. Operating in the renewable energy market, Gore Street Energy Storage Fund is positioned to capitalize on the global shift towards cleaner energy sources. The fund is managed by Gore Street Capital Limited, an entity authorized and regulated by the Financial Conduct Authority (FCA) as an Alternative Investment Fund Manager (AIFM).

Keywords: energy storage, renewable energy, carbon neutrality, UK investments, international assets, diversified portfolio, 7% yield, grid balancing, sustainable investment, Gore Street Capital.