GORE STREET ENERGY STORAGE FUND PLC - Pre-AGM Investor Presentation

Gore Street Energy Storage Fund PLC provides an investor update on its company performance, strategic review and plans to enhance shareholder value amid challenging battery energy storage market conditions. The board outlines a disciplined growth strategy focused on timely asset disposals, value enhancing augmentations and shareholder distributions, while opposing Saba Capital’s resolutions to accelerate the company’s realisation. Recent progress includes the completed sale of two Republic of Ireland assets at a premium to NAV, further disposals under way and augmentation projects designed to increase asset revenues and long term value. The board has committed to a 7% annual distribution, funded partly through orderly asset sales, with additional capital allocated to selected augmentations and potentially share buybacks where these offer superior returns. Management also addresses the company’s share price discount, revenue outlook, German asset disposal, management arrangements and portfolio strategy. With experienced infrastructure and investment company directors overseeing execution, Gore Street Energy Storage Fund aims to improve NAV performance, reduce the discount and deliver stronger shareholder returns over time.