Gore Street Energy Storage Fund Unveils Strategy Pivot, Board Refresh and 7p Dividend Backed by Asset Sales

Manager representative Alex described the strategy pivot as a response to higher interest rates, arguing that at current “risk-free rate” levels, long-dated cash flows are less attractive than “short-term capital return.” The fund is moving away from a buy-and-hold approach toward a model described as “construct, augment, dispose, and return and recycle.”Lennox introduced the new directors and their areas of expertise, including infrastructure investment experience, real assets, technical operations, and in ...