GORE STREET ENERGY STORAGE FUND PLC (GSF) — Results for the six months ended 30 September 2024

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the GORE STREET ENERGY STORAGE FUND PLC interim results investor presentation. Throughout this quarter presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time just placed in the q and a tab situated in the right corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it received during the meeting itself. However, the company can review the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to Alex Okeneida, CEO. Good morning to you, sir. Thank you, and thank you everybody for joining here for the GORE STREET ENERGY STORAGE PLC interim results presentation. Next slide, please. Four of us here from GORE STREET. I'm joined by three of my colleagues. This is Alex Okeneida speaking, the CEO, joined by Sumi, our chief investment officer, Paula, principal on the corporate development side and investor relations, and Alicia, principal on the technical side. We'll run through the presentation today. And as, our host just mentioned, we'll look to take questions there at the end of this presentation. Next slide, please. What are the financial highlights? First of all, I would say we're very happy with the portfolio performance, portfolio in terms of revenue, portfolio in terms of, construction, and we can see some of these numbers highlighted here. Overall, ENERGY's capacity is now at 421 megawatts. That will go to over 750 megawatts, by early next year in a total portfolio of 1.25 gigawatts. Dividend yield, obviously, a high dividend yield of 12.3%. And NAV per share won a 100.5, so a slight decline quarte...