The Company seeks 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 the UK and internationally. 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.
Gore Street Energy Storage Fund is targeting dividends in each financial year based on a 7% yield on the average NAV per Ordinary Share during that financial year, subject to a minimum target of 7p per Ordinary Share in each financial year. The annual target dividend will increase by 0.5p increments per Ordinary Share based on a certain progression of the average NAV per Ordinary Share in any financial year above 100 pence (subject to rounding).
Investment Process
The Company will not invest in any projects under development* so that, save in respect of final delivery and installation of the battery systems, all other key components of the projects are in place before investment or simultaneously arranged at the time of investment.
* developed sites have secured lease rights, planning permission and grid connection.
Investment Policy
To download a copy of the Company Investment Policy click here
RNS Announcements
-
Result of AGM - Replacement
21 September 2023 -
Director Share Purchase and PDMR Dealing
18 September 2023 -
Quarterly NAV and Dividend Declaration
06 September 2023
Our Portfolio
Find out about our portfolio
Investor Alert
Sign up for alerts