Gore Street Energy Storage acquires a portfolio of 81MW operating battery assets

Gore Street Energy Storage’s () John Michael Cheshire talks to Proactive London’s Katie Pilbeam about the latest deal to acquire a portfolio of 81MW operating battery assets at five sites in the North-West and Midlands.

This is the first time Gore Street has acquired a portfolio which is operational which which ‘they can operate from day one so we’re good to go’.

The cost is £28.2mln and will be met through a combination of cash (£21.1mln) and new shares (£7.1mln) to be issued to vendor Anesco, a renewable infrastructure developer.

Cheshire also mentioned plans to expand in Ireland as the company eyes up further potential opportunities.