Optimiser GridBeyond has been selected to provide scheduling coordinator, trading and energy optimisation services to UK-headquartered BESS investor Gore Street Energy Storage Fund’s (GSF) 200MW Big Rock US project.
UK-headquartered BESS investor Gore Street Energy Storage Fund (GSF) and financial services firm Morningstar have provide updates outlining their views on US clean energy tax credits and their future.
The Gore Street Energy Storage Fund (GSF) was one of the early movers in the UK BESS industry and now has operational assets in Great Britain (GB), Ireland, Germany, Texas and California.
UK-headquartered battery storage investor-developer Gore Street Energy Fund (GSF) has completed energisation of the 200MW/400MWh Big Rock battery energy storage system (BESS) project in California, US.
London Stock Exchange-listed Gore Street Energy Storage Fund (GSF) has secured a US$80 million increase in debt facilities for its battery storage projects.
UK BESS fund Harmony Energy Income Trust (HEIT) has progressed the sale of its portfolio to the second round, a process which a source told us raises questions around listed funds’ role in the BESS industry.
Gore Street Energy Storage Fund will provide a Goldman Sachs subsidiary with power from its Big Rock BESS in California via a 12-year, fixed price Resource Adequacy (RA) contract.
Energy storage fund investment manager Gore Street has released its full-year results, reiterating how internationalisation helped it weather falling revenues in the UK – though not enough to maintain its dividend level.
Utility and IPP Engie has commissioned a 100MW/100MWh battery energy storage system (BESS) while Gore Street has enlisted Nidec as EPC partner for a 75MW project, both in the ERCOT, Texas market.
The Gore Street Energy Storage Fund’s results for the first half of its financial year have demonstrated the benefits of its internationalisation strategy, though its net asset value (NAV) per share fell slightly.