Gore Street’s trading update confirms expectations of a strong trading environment for batteries in both the GB and Irish markets. Driven principally by high gas prices creating electricity market volatility and with tight capacity margins likely to remain, we see the company continuing to generate excess cash returns in this financial year at least.
20 Oct 2021
Gore Street Energy Storage Fund - Market Volatility Drives Returns
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Gore Street Energy Storage Fund - Market Volatility Drives Returns
Gore Street Energy Storage Fund PLC (GSF:LON) | 64.6 1 2.4% | Mkt Cap: 320.0m
- Published:
20 Oct 2021 -
Author:
Adam Forsyth -
Pages:
3
Gore Street’s trading update confirms expectations of a strong trading environment for batteries in both the GB and Irish markets. Driven principally by high gas prices creating electricity market volatility and with tight capacity margins likely to remain, we see the company continuing to generate excess cash returns in this financial year at least.