Quarterly NAV and Dividend Declaration
09 March 2023
Gore Street Energy Storage Fund plc, the internationally diversified energy storage fund, is pleased to announce its unaudited Net Asset Value ("NAV") for the quarter ended 31 December 2022.
As at 31 December 2022, the estimated unaudited NAV was 113.5 pence per share, representing an uplift of 2.4 pence per share (2.16%) from the NAV as at 30 September 2022 (111.1 pence per share).
During unaudited quarters, no updates are made to any long-term assumptions in relation to portfolio companies' valuations.
In addition, the Company's Board of Directors has declared an interim dividend of 2.0 pence per ordinary share for the period 1 October 2022 to 31 December 2022. The ex-dividend date will be 16 March 2023 and the record date 17 March 2023. The dividend will be paid on or around 11 April 2023.
For further information:
Gore Street Capital Limited
Alex O'Cinneide / Paula Travesso
Tel: +44 (0) 20 3826 0290
Shore Capital (Joint Corporate Broker)
Anita Ghanekar / Rose Ramsden / Iain Sexton (Corporate Advisory)
Tel: +44 (0) 20 7408 4090
Fiona Conroy (Corporate Broking)
J.P. Morgan Cazenove (Joint Corporate Broker)
William Simmonds / Jérémie Birnbaum (Corporate Finance)
Tel: +44 (0) 20 7742 4000
Buchanan (Media Enquiries)
Charles Ryland / Henry Wilson / George Beale
Tel: +44 (0) 20 7466 5000
Email: [email protected]
Notes to Editors
About Gore Street Energy Storage Fund plc
Gore Street is London's first listed energy storage fund and seeks to provide Shareholders with an opportunity to invest in a diversified portfolio of utility-scale energy storage projects. In addition to growth through exploiting its considerable pipeline, the Company aims to deliver consistent and robust dividend yield as income distributions to its Shareholders.