Gore Street Energy Storage Fund (“Gore Street”), London’s first listed energy storage fund supporting the transition to low carbon power, has successfully raised gross proceeds of £60m by way of an Initial Placing, Offer for Subscription and Intermediaries Offer, with Shore Capital acting as Sponsor & Joint Bookrunner.
The net proceeds of the Initial Issue will be used to acquire new projects in Gore Street’s pipeline
and/or to fund capital expenditure requirements of investments in the fund’s existing portfolio.
For further information please contact:
Shore Capital +44 (0) 20 7408 4090
Corporate Advisory: Anita Ghanekar / Darren Vickers / Hugo Masefield
Corporate Broking: Henry Willcocks / Fiona Conroy
For Shore Capital media enquiries, please contact:
Adele Gilbert: +44 (0)74 8477 8331
Note to editor
About Shore Capital
We are an independent securities business offering institutional and corporate clients leading investment banking, research, sales and trading services, including fixed income. We are represented across the UK enabling extensive distribution and institutional coverage. This distribution capability is complemented by our experienced corporate advisory and broking team who offer discreet, innovative and valued advice to companies on both the Main Market and AIM. Shore Capital is also the 3rd largest market maker by number of AIM stocks covered.
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Shore Capital is a trading name of both Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited.