Igor energy storage income

Does Gore Street energy storage pay a dividend?

Following a share placing that raised £135m last month, Gore Street Energy Storage has net assets of £233m invested in nine operational and five construction projects. One of the main attractions of these trusts is their income, with both paying a 7p dividend per share.

Do investors underestimate the value of energy storage?

While energy storage is already being deployed to support grids across major power markets, new McKinsey analysis suggests investors often underestimate the value of energy storage in their business cases.

How will revenue forecasts affect Gore Street energy storage's Nav?

If the revenue forecasts become more conservative, as was the case with Gore Street Energy Storage's from 2019 to 2020, they will have a negative impact on the trusts’ NAV. Broke Stifel says that valuing battery projects is more complex than valuing wind and solar assets.

How do I evaluate potential revenue streams from energy storage assets?

Evaluating potential revenue streams from flexible assets, such as energy storage systems, is not simple. Investors need to consider the various value pools available to a storage asset, including wholesale, grid services, and capacity markets, as well as the inherent volatility of the prices of each (see sidebar, “Glossary”).

How much do energy storage & Gore Street energy storage yield?

Because they trade on high premiums to net asset value (NAV) – 11 per cent for Gresham House Energy Storage and 6.6 per cent for Gore Street Energy Storage as of 14 May – their yields equate to 6 per cent and 7.7 per cent, respectively.

How much is Gresham house energy storage worth?

Gresham House Energy Storage had assets under management of £371.8m at the end of March, comprising 30 per cent of the UK’s battery storage capacity. It has 17 operational battery projects and 12 in the pipeline.