Browsing: Gore Street Energy Storage Fund
Technology outfit will trade Gore Street Energy Storage Fund’s Big Rock asset in the CAISO market
Californian BESS brings company’s total capacity to more than 620MW
Company is acquiring remaining shares in two assets and will acquire a 51% stake in a 75MW project
The energy storage fund had 372MW of operational assets at Q3 ending 31 December 2023
Company already manages the trading and optimisation for the 20MW Lascar and 20MW Hulley assets
NAV rose 47% and EBITDA increased 19% while income producing assets grew to 291.6MW
Big Rock has a capacity of 200MW and is scheduled to connect to the grid in 2024
The deal brings the Fund’s portfolio to 973.2MW in the US and Europe
The company bought the 200MW asset in England from Kona Energy