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Gore Street Energy Storage Fund PLC on Wednesday said its net asset value per share increased and declared an interim dividend.
Gore Street is a London-based fund investing in energy storage assets.
As at June 30, the company's NAV per share share was up 1.5% to 108.7 pence, from 107.1 pence at March 31.
Gore Street said: ‘The company's NAV during the period benefited from closing the acquisition of four 10 megawatt assets in Texas along with strong performance across the operational assets in Germany and Great Britain. The construction assets in the portfolio continued to track spend in line with the budget.’
Gore Street also declared an interim dividend of 2.0p for the period April 1 to June 30. In the financial year to March 31, 2022, the company paid out 7.0p in total.
Shares in Gore Street were up 0.5% to 123.60p each in London on Wednesday morning.
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