Placing by Gore Street Energy Storage Fund plc

Deal typeCapital markets & Transaction Services
IndustryNatural resources & Energy
Sub-industryNatural resources & Renewables & power
Client nameGore Street Battery Storage Fund plc

BDO was reporting accountant in connection with Gore Street Energy Storage Fund's recent £60m secondary fundraising.

Gore Street Energy Storage Fund was the UK's first listed battery storage fund and invests in battery storage projects across the UK and the Republic of Ireland. Its latest fundraising will be used to acquire new projects in the Company's pipeline and/or to fund capital expenditure requirements of investments in Gore Street's existing portfolio. The Investment Manager has identified a pipeline of investments with a total project size of approximately 1.3GW.

"Fantastic to have been involved with Gore Street's latest fundraising and we are delighted to have had the opportunity to support the team since the fund's IPO."

David Bevan, Co-Head of Renewables, BDO