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 an attractive dividend of 7.0 pence per Ordinary Share for the financial year with distributions on a quarterly basis, subject to market conditions and performance, financial position and outlook, and fiscal environment. For the 2024/25 financial year, the profile and quantum of dividend distributions will be more closely aligned with operational and other cashflows rather than NAV. A dividend of 1.0 pence per Ordinary Share is targeted for each of the first three quarters of the financial year. It is intended the amount of the final quarterly dividend (announced in June and paid in July) will make up the balance of the annual dividend target subject to cash flows at the time.

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