Gore Street Energy Storage Fund Plc Wins A Fixed Revenue Contract

  • Oct 04, 2019 BST
  • Team Kalkine
  • Gore Street Energy Storage Fund Plc (GSF) has announced a fixed Revenue Contract Win in the Republic of Ireland and Investment in the company.
  • The company’s Republic of Ireland Projects won two 6-year fixed revenue contracts in the recent Irish Government tender for storage, which has an estimated IRR of 10 per cent.
  • Company's strategic partner, the National Treasury Management Agency, Ireland's sovereign wealth fund has committed £9.5 million to be used by the company for developing the Republic of Ireland Projects.
  • On 4th October 2019, at the time of writing, GMT 08:01 AM, GSF shares were trading at GBX 93.50, up by 0.50 points or 0.54% against the previous day closing price.

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