Project Finance Brief: Gore Street Acquires 90% Stake in a 22 MW Energy Storage Project
DSD acquires 7.5 MW of rooftop solar portfolio from Dynamic Energy
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London Stock Exchange-listed battery storage investment fund Gore Street has completed the acquisition of a 90% stake in a 22 MW/28 MWh operational energy storage asset in Cremzow, Germany. The Cremzow site was developed in two stages by Leclanche, Enel Green Power, and Enertrag, starting with an initial 2 MW followed by an additional 20 MW, with the system based on LG Chem lithium-ion batteries. Enertrag, a German renewable developer, will retain the remaining 10% stake and support the project’s technical management.
