Alex O'Cinneide, the trust’s adviser, said the growth in NAV reflects the rising interest in batteries and renewable energy to combat climate change.
Gore Street is currently evaluating a storage portfolio of more than 140Mw, he added, which would represent its first investment in the UK since 2018.
“Since IPO, we have delivered 10.3% total return and announced 10p per share of dividends with the share price trading at a premium to both NAV and the IPO price.”
The availability of additional revenue streams should help it meet its target of a 10% plus rate of return, O'Cinneide added.
Operationally, 9Mw came on stream at Port of Tilbury in October while the 10Mw asset at Lower Road, Essex, is expected to be energised next month.
This will be commissioned in tandem to deliver against a Fast Frequency Response contract that begins in April, Gore Street said.