Article

Gore Street Capital has successfully closed the first round of its GS EU Fund SCSp, aiming to raise €500 million for battery energy storage projects across Europe, with significant investments from the European Investment Fund and the Ireland Strategic Investment Fund. The fund, which will allocate at least 80% of its investments within EU member states, supports the region's climate neutrality goals by 2050 and is classified as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation. This initiative marks Gore Street's third dedicated battery storage fund, enhancing its existing portfolio of approximately 1.4 GW of battery assets.