Gore Street Energy Storage Fund Announces Board Refreshment and Advisor Appointment
The energy storage fund announces new non-executive director appointments and the engagement of an advisor for selected asset sales.
The energy storage fund announces new non-executive director appointments and the engagement of an advisor for selected asset sales.
The energy storage fund company has announced a change in major shareholding, with Saba Capital Management, L.P. now holding a 5.023844% stake through financial instruments.
The energy storage fund announces a special dividend, plans to sell or co-invest in pre-construction assets, and an accelerated Board refreshment process.
The energy storage fund has appointed a new Non-Executive Director with significant infrastructure experience to strengthen its Board.
The energy storage fund company is urging shareholders to vote against all resolutions proposed by RM Funds at the upcoming General Meeting.
The energy storage fund company has disclosed a change in major shareholdings, with Rathbones Investment Management reducing its stake.
The energy storage fund company has published a circular setting out its unanimous recommendation for shareholders to vote against all resolutions proposed by an activist investor.
The asset management company has disclosed a change in shareholding, with RM Capital Markets Limited now holding over 6% of the voting rights.
This energy storage fund faces headwinds as it reports declining revenue and EBITDA despite increased operational capacity. A dividend cut and weakened cash position underscore the challenges ahead.
The energy storage fund has secured $84 million from the sale of its tax credits, allowing it to reduce debt and fund projects, which should boost earnings.