Added to YB: 2026-08-05
Pitch date: 2026-05-29
GSF.L [bullish]
Gore Street Energy Storage Fund Plc
-8.26%
current return
Author Info
No bio for this author
Company Info
Gore Street Energy Storage Fund Plc is an infrastructure investment fund.
Market Cap
GBP 231.3M
Pitch Price
GBP 0.51
Price Target
N/A
Dividend
15.28%
EV/EBITDA
N/A
P/E
-1.93
EV/Sales
-2.00
Sector
Capital Markets
Category
special_situation
Gore Street Energy Storage Fund Ord - $GSF.L
GSF.L: UK-listed battery storage fund at ~55p vs 87.9p NAV (~40% discount). New March 2026 strategy: 7p annual div (~13% yield, partly capital-funded), £175m disposals over 3yrs, £50m augmentations at 15% IRR hurdle, sub-20% gearing. Saba ~13% stake, KPI-linked continuation vote. Base case high-teens return, upside on discount narrowing/asset sales near NAV. Risks: weak merchant revenue, NAV marks.
Read full article (16 min)