Gore Street Energy Storage Fund completed the acquisition of a 90% stake in a 22-MW/28-MWh operational battery from Enel X.

Gore Street Energy Storage Fund, an investment management firm, completed the acquisition of a 90% stake in a 22-MW/28-MWh operational battery in Cremzow from Enel X, a strategic partner supporting new technology incubators. Financial terms were not disclosed. The acquisition represents Gore Street’s first investment in Continental Europe. With the new battery under its wing, the fund raised the capacity of its operating assets to 232 MW. Its total portfolio of assets under management rose to 629 MW.