UPDATE: RM Funds proposed a number of board changes at Gore Street Energy Storage at a meeting held in September 2025. Although its motions were defeated, the trust subsequently changed all of its directors and has begun to sell some of its assets. Following a requisition from Saba, a continuation vote is being held at the AGM taking place in mid-September 2026.
In early 2018, Gore Street Energy Storage (ticker: GSF) became the first energy storage fund to be listed in London. It initially raised just £30m but has subsequently raised a further £485m. Gore Street's first few assets were based...
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UPDATE: This trust was acquired by Foresight for 92.4p per share in June 2025.
Harmony Energy Income (ticker: HEIT) joined the London market in November 2021, becoming the third trust dedicated solely to investing in battery storage assets after the 2018 debuts of Gore Street Energy Storage and Gresham House Energy Storage. HEIT has one operational project, one due to become operational in the next few weeks, six more due to become operational over the next year or so, and one unfunded project that is termed as 'shovel ready'. These nine projects have a combined capacity of 494MW and use batt...
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For premium subscribers we do regular interviews with fund managers and analysts about current market conditions and funds and markets (occasionally shares) that we invest in. The latest one is with Alex O'Cinneide, the CEO of Gore Street Capital, which manages the Gore Street Energy Storage Fund (ticker: GSF). The trust recently raised £135m in a placing, the latest of several that has helped to catapult its market capitalisation from around £30m at launch in 2018 to almost ten times that amount today.
Alex O'Cinneide Why take an interest in this trust? Gore Street Energy Storage is one of ...
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